- No, you are not going to win the lottery
- No, the hot stock tip you received is worthless
- No, you are not going to buy an iPad from one of those deal sites for $3
- No, you are not likely to buy in early to the next Apple, and if you do, you are unlikely to hold it long enough
- No, you are not going to make $10,000 gambling at fantasy sports
- No, you or your kid are not going to be the next Michael Jordan or Adele
- No, the odds are against you finding the mutual fund manager or stock broker who is going to make you rich
- No, the odds are against you stock picking, market timing, or investing that over the long term, is going to outperform a simple index fund
The conclusion?
The sooner you start picking up the tab for your own lunch, the better off you will be!