(Total Views: 704)
Posted On: 09/23/2020 12:27:29 AM
Post# of 148984
Here's how I look at the investment. I have the chance to sit at a roulette table and bet on 20 spins:
- Green I lose everything
- Red I double my money and get 2% dividend per year
- Black I lose 25%
Each spin may take 4 to 12 months (overall average)
Oh, and the chance of green is less than 1% at this point
You may debate the percentages or length of time but would you take those odds? Most investments I get 1 spin and green is much higher than 1%. That's not even counting being involved in company that could potentially save many lives.
I think I'll play...
- Green I lose everything
- Red I double my money and get 2% dividend per year
- Black I lose 25%
Each spin may take 4 to 12 months (overall average)
Oh, and the chance of green is less than 1% at this point
You may debate the percentages or length of time but would you take those odds? Most investments I get 1 spin and green is much higher than 1%. That's not even counting being involved in company that could potentially save many lives.
I think I'll play...
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