Showing Tag: "gambling" (Show all posts)

CONTROLLING RISK IN AN INCREASINGLY RISKY WORLD

Posted by Daniel S. on Tuesday, June 6, 2023, In : books and movies 

IT’S all about the difference between “investment” and “gambling,” the contemporary world constantly and increasingly blurring the line. By my definition, an investment guarantees the principal, what’s variable is the return on investment (ROI). Gambling risks everything, including principal and return on principal [ROP(E) meaning accept a large and long enough gamble and you’ll likely hang yourself these days].


In fact, as owner of JET Progress, a movie production company, and f...


Continue reading ...
 

IS INVESTMENT REALLY THE “SOLUTION” TO A BEAR MARKET?

Posted by Daniel S. on Wednesday, June 15, 2022, In : Knowledge/Wisdom 

THIS past month, the biggest issue for me as a “fixed income consumer,” has been inflation and mal-distribution. In today’s news there was a suggestion that the “solution” is to invest more in the stock market. Personally, I’m not inclined to such. Let me explain:


The “market” (meaning “Stock Market”), in my opinion, is becoming frenzied and chaotic, having enjoyed and recently exited an unparalleled Bull market, now entering “Bear” market territory, a cutesy way of s...


Continue reading ...
 

WHAT’S GOING ON IN PARA-DICE?

Posted by Daniel S. on Wednesday, March 30, 2022, In : Knowledge/Wisdom 

GAMBLING – GAMING – WAGERING – PUNTING – SPECULATION – TAKING A CHANCE ON LADY LUCK. Gambling is as old as mortality, which is pretty old, don’t you know? We gamble every day, every hour, every minute, sometimes every second with our lives. No wonder that gambling in that first virtual world of money is so tempting. Win and you get more; lose and all you lose is money. And when that get’s boring, gambling in that second virtual world of power is even more tempting, lying between...


Continue reading ...
 

GAMBLING ON OUR FUTURE

Posted by Daniel S. on Friday, December 15, 2017, In : Knowledge/Wisdom 
Let's get something straight right from the beginning. Much of today's stated ideas regarding "investment" is simply gambling.

In my mind -- and admittedly it's an old (and hopefully wiser) one -- gambling is about risking everything for an uncertain return. Few would disagree. But today's idea of "investment" is that any "fees" as well as any "principal" initially put up is liable to loss; in many instances the "investor" can even incur debt! What an "investment" means to me, is that any and...
Continue reading ...
 
 

About Me


Author/Actor Daniel S. Janik (aka author Raymond Gaynor/Gary Martine) A retired physician turned author, actor, dancer, educator, naturalist, former publisher, Daniel S. "Dan" Janik has plenty to say.

This blog has been visited:

Tags

Translation for 140 languages by ALS

Make a free website with Yola