Is This Good : Approx $26,000 to Win $75???

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #1
    Is This Good : Approx $26,000 to Win $75???
    IWinYourmoney invested all this amount yesterday and his net was like +$75.

    So many ways to look at it, put $26K in bank top Dow Jones stock and easily make a nice rate of return in 10 years, sports most of the time that money will be lost.

    Invest 26k in real estate and you will be fine long term
  • RogueJuror
    SBR Posting Legend
    • 07-08-08
    • 10010

    #2
    Depends, how long was his money tight up?

    Comment
    • Richkas
      SBR Posting Legend
      • 02-03-08
      • 19396

      #3
      Originally posted by jjgold
      IWinYourmoney invested all this amount yesterday and his net was like +$75.

      So many ways to look at it, put $26K in bank top Dow Jones stock and easily make a nice rate of return in 10 years, sports most of the time that money will be lost.

      Invest 26k in real estate and you will be fine long term

      IWin is a zillionaire, didnt you know that.
      Comment
      • HedgeHog
        SBR Posting Legend
        • 09-11-07
        • 10128

        #4
        $75 per day = $27,375 per year. That's over 100% return on a 26k bankroll, not a bad ROI.
        Comment
        • sickler
          SBR Posting Legend
          • 06-05-08
          • 15006

          #5
          That's a lot to have in action for such little profit, but free money is free money.

          As long as this wasn't obtained by one of those "guaranteed winner" -6000 locks.
          Comment
          • jjgold
            SBR Aristocracy
            • 07-20-05
            • 388179

            #6
            The risk is too great to invest that much on sporting events unless he was middling or scalping with no risk. I think a bad move.
            Comment
            • smitch124
              SBR Posting Legend
              • 05-19-08
              • 12566

              #7
              Yes with that kind of bankroll its possible for him to scalp and middle with some decent returns.
              Comment
              • durito
                SBR Posting Legend
                • 07-03-06
                • 13173

                #8
                Originally posted by jjgold

                So many ways to look at it, put $26K in bank top Dow Jones stock and easily make a nice rate of return in 10 years, sports most of the time that money will be lost.
                the dow has returned a whopping 0% (negative in real terms) in the last 10 years
                Comment
                • donjuan
                  SBR MVP
                  • 08-29-07
                  • 3993

                  #9
                  286% annual return > DOW/FTSE/any hedge fund.
                  Comment
                  • Iwinyourmoney
                    SBR Posting Legend
                    • 04-18-07
                    • 18368

                    #10
                    JJ,
                    Thats invested since the start of football season, not 1 day.
                    Comment
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