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.

avatarTiger_SG
2024-12-26

Would You Set Aside Money Every Month to Bet on a Big Rally?

Data shows that last year, Singapore's gambling revenue reached 12.2 billion SGD, surpassing Las Vegas' 11.2 billion SGD, and only behind Macau, ranking second in the world!According to an earlier survey, 40% of Singapore's residents aged 18 and above said they would bet on at least one type of gambling activity. Human nature is hard to resist; sometimes, blindly trading stocks feels very much like gambling.1. Is betting on meme stocks a gamble?Some investors compare the recent surge in space stocks and quantum computing to the early days of Bitcoin.Ten years ago, Bitcoin was very cheap, but no one paid attention. The stock market always hypes up the most popular and expensive assets. However, the lack of interest was also because these were too new, and investors couldn't confirm their fu
Would You Set Aside Money Every Month to Bet on a Big Rally?
avatarxc__
2024-12-26
Interesting perspective! Betting on meme stocks or emerging tech feels like walking a fine line between calculated risk and outright gambling. The allure of “the next Bitcoin” is strong, but history shows that only a handful succeed, while many lose money chasing hype. Personally, I prefer balancing my portfolio—reserving a small “high-risk, high-reward” allocation while sticking to steady investments for long-term growth. It’s all about knowing your risk appetite and financial goals. What about you? Do you dabble in such high-stakes opportunities?
avatarAxekay
2024-12-27
I am currently vested in $Tiger Brokers(TIGR)$ and waiting patiently for a big rally [Cool] one may call my investment a gamble, but at least it is one that I made with logic. Better than leaving it all to luck and probability like buying lottery I guess [Cool]
avatarECLC
2024-12-27
Definitely no to buy lottery and gambling. What are the odds of winning big? Here to invest with the goal of generating some income/appreciation and not lose big.
avatarj islandfund
2024-12-27
have to start somewhere. small investments chasing a big returns⭐
avatarTheStrategist
2024-12-26
Sure, we are all in bros