Investing Versus Speculating
About now you may be sitting back thinking about your uncle who “made a killing” on stocks. Or maybe you’re reminiscing about that Las Vegas vacation when one lucky quarter magically drew out 700 more with the pull of a slot machine lever. Why put your money in slow-and-steady investment vehicles that merely promise double-digit returns when you could have near-instant riches? With compounding, you traditionally have to wait patiently for years for your riches to accumulate. What if you want it all now?
By looking towards unorthodox and unconventional techniques, we have found ways to manage our hard earned money in different programs that offer different levels of liquidity and security to suit our level of risk. Our objective is to provide an educative role, coaching you towards your financial success using these various strategies that are not commonly offered by large financial institutions.
What are the odds of winning the lottery jackpot? Well, it depends on the lottery – they may be 1 in 7 million, or 1 in 18 million, or somewhere in between. You have a far greater chance of dying from flesh-eating bacteria – 1 in a million – than you do of winning that jackpot!
So you can stop buying those lottery tickets and put your money to work instead! Get your money working harder for you than you need to work for it! You don’t need a card dealer, dour strangers, or Kenny Rogers background music to gamble. There are plenty of stock market gamblers who do an admirable job of losing their money on seemingly legitimate pursuits. At the Golden Goose, we think that investors “gamble” every time they commit money to something they don’t understand, and it is our commitment to you to get you informed!
Remember: Every dollar that you speculate with and lose is a dollar that is not working for you over the long-term to create wealth. Speculation promises to give you everything you want right now but rarely delivers; education and patience almost guarantees those goals down the road.