All Those Numbers

in LeoFinance6 days ago

You can roll the dice and a number will come up, but whether it is the number you want or need at the time, you don't have much say over. However, making the throw is within our control. The numbers will be as they land, but making the attempt, taking the shot, that is up to us.

What are the chances?

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Good?

I was reading an article today about a young lad in the UK who won about 10 million in the lottery, but the next day, went into his blue-collar apprenticeship, and is still working there. The funny thing is, that it wasn't his choice at first, it was his dad's. His dad said something to him that forced him to work, that I found interesting.

There are plenty of millionaires still working.

Nice. This is an attitude I can respect. While the majority of us are looking to find ways like winning the lottery so we can stop working, the majority of the wealthy are finding ways to keep working, so that they can generate more wealth. What this means is that no matter how well the average does, they will outperform. Even if everyone else won the lottery and retired happily, like in The Hare and the Tortoise, slow and steady wins the race.

But, it isn't slow and steady, is it? Because wealth attracts wealth, due to opportunity and compound interest. For example, the you fella who won the lottery could have lived off it for life, if he was careful and invested it, but if he stays small for a decade, works consistently, he will not even have to be careful, because in those ten years he would have made enough to ensure that his grandchildren and their children are covered too. What most do though,

Is slowly bleed out.

They roll the dice, they win, and then they change their lives drastically. They extend their spending, investing little for not enough gain to cover their expenses and inevitably, they run out of opportunity, ending up back where they started, or even worse off than that.

Easy come, easy go.

I get not wanting to work at the same job perhaps, because there are a lot of jobs out there that are soul-sucking and uninspiring. However, with some personal financial backing, it would be possible to "not have to work" but choose to work at something valuable. For example, perhaps if I had the financial backing and didn't have to worry about my bills, I might do a number of things, like open up a little café, or support one of my friends who does charity work at a women's shelter. But, one thing I would do first is, *continue on with my consultancy, because I enjoy the work.

Why quit?

Of course, I am biased because I am not a big fan of doing nothing productive, especially if I have something of value to offer the world. I think this is actually why a lot of people want to quit though, because so many of the jobs we have are not meaningful personally, nor do they really impact on making the world a better place. It is just busy work, and a means to an end.

An end of work.

But, shouldn't we be looking for more opportunity to make more impact in the world? To improve things, rather than settle for wherever we are, and check ourselves out of the community? Is pending money on crap worthwhile enough to warrant our existence?

Roll the dice and find out.

Taraz
[ Gen1: Hive ]

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I would guess a lot of it has to do with how far you are in your career. I think if you are closer to being finished you might choose not to continue. You might do something else like you said. Especially if the cost of failure isn't so great anymore.

I think if you are closer to being finished you might choose not to continue.

Yep - I get this. I reckon the people who "lose it all" after winning, are the younger people anyway - the ones who aren't close enough to the end of the career, or have enough to make it all the way to the end of life.

If I were to win the lottery, I think I would buy a home and a newer reliable car, invest a portion for pasive revenue (stock dividends, etc.) and use the majority to start some kind of non-profit charity to independently fund libraries and divorce literacy from politics as much as possible. I'd be working in a new field, but still working.

I'd be working in a new field, but still working.

Precisely. It buys opportunity to choose more valuable activity.

and divorce literacy from politics as much as possible

Isn't it interesting that reading should make us more able to learn for ourselves, but the majority keep choosing their reading list on what is handed to them.

And trying to decide what others should be "allowed" to read.

Republican factions want to ban books based on "protecting the children" from massive lists circulation online which none of them have actually read, but they are certain these books are filled with sin and vice grooming children for sex abuse.

Democrat factions want to ban authors like J.K. Rowling for being insufficiently supportive of LGBTQIAWTFBBQ extremist agendas, Dr. Seuss because they decided he was racist against the Chinese and Africans, and Laura Ingalls Wilder for recounting racism against native americans in late 19th century America. And let's not forget the last 5 years of COVID and politics online.

It is important to continue working and being productive after becoming a millionaire. A person who acts lazy after becoming rich will soon lose the wealth he gained in that short time.

I wonder if they lose more than the wealth. I wonder if other aspects of life degrade also.

I think I would do the same. I would work at the same place for a while and then decide about my future. Sure, I would do a business, not just spend that money.

It might be a bit like renovating a house - live in it a bit first before making major decisions.

I'll roll the dice a few times tonight. I will control the number of shots and my emotions. I will guess the probability of getting the correct numbers. I hope I choose the right time to throw and the probability of winning will be greater than losing.

The reward has to be worth the risk, right? Some roll the dice on so little potential gain.

The main thing for me is to get out of a negative trade in time. A few tens of dollars of loss is acceptable. If the next 2-3 times there will be a profit of 50-500 dollars.

Dice/ roulette are weird. I have seen dice 8+(?) times in a row rolling above/ below 50. How the hell is that happening? At least in blackjack you are not entirely reliant on luck. you can use some kind of strategy/logic. For example you are not gonna double than you have 17-20. Or that you double if you have 10-11. It doesn't always work but at least it makes some sense unlike the dice.

If I was a millionaire I would buy a lot of Hive and HBD. I think I would also give a lot of money to a some dog shelter. But I don't think that I would go crazy buying things. Even if I was a millionaire I could not buy my favorite basketball team. I am happy with our current home( maybe it could use some improvements like solar energy) and have no intention of moving. I can't drive a car so that also means that I have less reasons to spend money.

Dice games are chance based - except the digital ones. They are algorithm based.

What do you think the biggest change in your day to day life would be if a millionaire?

I understand that they are algorithm based. But after seeing the same outcome for so many times I still feel like they are rigged.

I have no idea. My needs are not so great. And my wants at the moment are basically limited to having to more Hive/ HBD. I think I would still spend most of my days either making art/ gaming or blogging on hive. Perhaps I would get on some dating app. But I don't want to marry or have kids. So I think that my life would not change drastically even if I was a millionaire.

It is better to continue to strive hard as complaceny can be come a problem

If I also win the lottery I will still continue to work hard and use the money wisely

Rolling the dice is a gamble while hard work will always return something good