do you count your gambling-funded investments a port of your bottom line?

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  • shady610
    SBR MVP
    • 01-12-06
    • 1570

    #1
    do you count your gambling-funded investments a port of your bottom line?
    I do. I had a good run in march and i went out and threw the money in some mutual funds. Sure i had lost bets since then, but i always do something positive with the winnings.

    So if you invest your winnings, do you count the return on that in your overall total of gambling win/loss?
  • flyingillini
    SBR Aristocracy
    • 12-06-06
    • 41219

    #2
    Absolutely not.
    המוסד‎
    המוסד למודיעין ולתפקידים מיוחדים‎
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    • gm2022
      SBR MVP
      • 02-28-08
      • 4128

      #3
      Originally posted by shady610
      I do. I had a good run in march and i went out and threw the money in some mutual funds. Sure i had lost bets since then, but i always do something positive with the winnings.

      So if you invest your winnings, do you count the return on that in your overall total of gambling win/loss?
      Its smart to do, BUT the thing is gamblers dont like their money tied up in long term investments IRA, CD ect. Trying to compare this money to gambling money is like apples and oranges.
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      • HedgeHog
        SBR Posting Legend
        • 09-11-07
        • 10128

        #4
        Your gambling accounts are certainly part of your networth and should be listed as assets. Smart to skim profits from time to time and invest elsewhere (diversification).
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