Spiders
11-13 23:10
I currently don't buy call options or lottery tickets, but my parents do participate in the Toto and 4D lotteries. Most of the time, they end up losing money on these lotteries, though there are occasional wins. However, I believe they’ve spent more on tickets than they’ve actually won, which isn’t surprising, considering the odds are stacked against winning. It’s a common outcome since the chances of winning are extremely low, and that’s part of what makes these games attractive to some people. Despite the potential for winning big, the reality is that most players lose in the long run.

I also recognize that lottery tickets can be addictive, which is another reason why I choose not to participate. The excitement of the lotteries can lead to repeated purchases, and over time, this can become a habit that’s difficult to break. I’m not willing to risk developing that kind of dependency, as it can cause financial stress and disappointment in the long run.

As for call options, I think they are somewhat different from lottery tickets. While there is an element of risk involved, call options can be more strategic, especially for people who have a solid understanding of economic analysis and market trends. It requires knowledge of how financial markets work, which allows informed decisions based on factors like stock performance and economic indicators. However, even with a good understanding, call options still come with risk because they rely on predicting future market movements—something that is inherently uncertain. No one can reliably predict economic data or market trends months in advance, so luck still plays a role. That said, compared to lottery tickets, call options may feel less unpredictable and random. There’s more of a skill element involved, but it’s still risky and requires careful attention to market analysis.

In conclusion, while both lottery tickets and call options come with potential for financial gain, I avoid them because of their inherent risks and uncertainties. The thrill of winning is often overshadowed by the reality of losing more often than not, and the risk of addiction to the process is something I prefer to avoid.
Buy Call or Buy Lottery: Your Choice is?
Singaporeans are the world’s number one when it comes to love for the lottery! In the 2019 World Lottery Yearbook, it was reported that Singapore spends $5.41 billion (about SGD 7.1 billion) annually on lottery tickets. This amounts to $935 per person (about SGD 1,240), far exceeding the $798 per person in Massachusetts, USA, which ranks second globally. Some tigers say that buying lottery tickets is less certain than purchasing call options. Some investors spend a small amount each week buying ODTE options, betting that this company will suddenly experience a surge in stock price.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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