Post
Topic
Board Gambling discussion
Re: Gambling/betting shops vs Investment banks - Do you believe this guy's opinion?
by
gunhell16
on 09/09/2024, 16:39:22 UTC
The words are true that poor people think they will earn only because of luck without hard work and they find easy ways how to earn more in less time. The poor are more attracted to gambling than the rich and they think they can become rich overnight by betting on gambling, so they rely directly on gambling instead of trading and betting and eventually become bankrupt. But the rich do away with all these thoughts, they do business and invest in real estate, gold business, investment in banks, construction of petrol pumps, housing and infrastructure where they work hard and change their situation in a short period of time.  But the poor stand against it.

Not all poor people are attracted to gambling, though some may be, especially those who are irresponsible. Since they are poor, they can't really afford to gamble, or if they can, they shouldn't, to avoid becoming addicted. Investing, not just in banks, may not be part of their thinking because many of them are struggling so much that they are just trying to survive.

In short, most of them don't have the capability to invest as they are just living from paycheck to paycheck. Only those who have excess can have the option to invest, hence, most people in the poor category don't have the mindset to set aside funds because they are barely surviving. And with such capability, some of them are trying their luck in gambling, for the main reason that they are trying to hit their luck. And also, it will only require small amount of money to enter in this game.
Well said. Poor people have definitely goals to invest as well, but looking at their current financial condition, it would be hardly possible. Investing takes sufficient amount of capital, and waiting for its returns could also take a lot of time. That’s why instead of investing, they resort on trying their luck with gambling with just few bucks. Lucky if they win, but feel sorry once they lose. That’s how poor people deal with gambling.

I also say that you say that most of the poor people also seek to work on business opportunities, so the only majority of them is lacking in money or not financially.

Unlike those who have good jobs or business people who are capable of investing in investment schemes that can provide them with profits that can lead them to prosper in life.