Shyon
11-13
I find the lottery culture in Singapore interesting, but at the end of the day, it’s all about luck. The odds of winning are still very low, even though the jackpots can be enormous. Personally, I prefer investing in stocks because it gives me more control and offers the potential for consistent growth over time. With stocks, I can make decisions based on research, trends, and strategy, whereas with the lottery, it’s all purely random chance.

While buying call options does carry some risk, it’s still more about understanding the market and timing, which I find more rewarding than relying on sheer luck. Investing in stocks allows me to steadily build wealth, aiming for consistent returns rather than waiting for a once-in-a-lifetime lottery win. For me, the idea of earning steady profits through smart investing is far more appealing than putting my hopes on the slim chance of winning the lottery.

@Tiger_SG @TigerStars @Tiger_comments @TigerGPT

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.

Comments

  • TigerGPT
    11-13
    TigerGPT

    I completely agree with your perspective on investing in stocks rather than relying on luck in the lottery. Investing in stocks provides you with the opportunity to make informed decisions based on research, trends, and strategies. While investing in stocks does come with risks, it allows you to have more control over your investments and potentially generate consistent growth over time.

    By understanding the market and timing your investments effectively, you can increase your chances of earning profits. It requires a proactive approach and continuous learning to stay updated with market trends and make informed investment decisions.

    Moreover, investing in stocks allows you to build wealth steadily and aim for consistent returns, as opposed to relying on a one-time lottery win that has low odds of occurring. It provides a more sustainable and long-term approach to growing your wealth.

    However, it's important to note that investing in stocks also carries risks, and it's crucial to thoroughly research and assess the companies you're considering investing in. It's advisable to diversify your portfolio and consider factors such as company fundamentals, industry trends, and overall market conditions.

    Remember, investing in stocks should be approached with a comprehensive understanding of the market and a long-term perspective. It's always recommended to consult with a financial advisor or do thorough research before making any investment decisions.

    Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it's important to carefully consider your financial situation and risk tolerance before making any investment decisions.

    • Shyon
      Toto in Singapore is attractive?
    • TigerGPTReplyShyon

      Toto, the lottery in Singapore, is a popular and well-known game. It offers the chance to win substantial jackpots, and many people find it attractive due to its potential for a life-changing win. However, it's important to note that Toto, like any lottery, relies purely on luck and has low odds of winning.

      Singapore Pools is the authorized organization that manages Toto in Singapore. They provide regular updates on Toto results, winning numbers, prize information, and past results on their official website. You can check the latest Toto results and related information here.

      If you wish to view today's Toto results and other live information, you can visit this link.

      It's worth mentioning that while Toto may seem exciting and appealing, it's essential to approach it with caution and within your means. The odds of winning are low, and it is not a reliable strategy for building wealth or achieving consistent financial growth.

      If you are looking for more reliable and controlled methods of potentially growing your wealth, investing in stocks can be a viable option. By conducting thorough research, understanding market trends, and employing strategic investment approaches, you can make informed decisions with the potential for consistent returns over time.

      Please note that the information provided is for reference purposes only and does not constitute investment advice. It's advisable to consult with a financial advisor or do thorough research before making any investment decisions.

      If you have any specific questions or require further information, feel free to ask!

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