Quote

If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of the earnings from mutual funds support investment advisors' and mutual fund managers' retirement.

— Robert Kiyosaki

Sentiment: NEGATIVE

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✓Similar Perspectives

There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you're never going to win big in a mutual fund.

— Robert Kiyosaki

In twenty years, the Lottery has raised over $1.4 billion. It has been run successfully and efficiently.

— Jane D. Hull

Today I bought two lottery tickets, because I had a feeling that it would be now or never - they were both blanks. So I am not going to be rich after all. Nothing at all to be done about it.

— Eva Braun

Unfortunately, the current format for this lottery program are subject to fraud and abuse and leave our nation exposed to those who may seek to do harm on American soil.

— William L. Jenkins

Mutual fund managers want your money in their funds. They get paid based on assets under management.

— Barry Ritholtz

We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario.

— Ron Chernow

Lottery tickets are a surtax on desperation.

— Douglas Coupland

✗Opposing Perspectives

Forget the lottery. Bet on yourself instead.

— Brian Koslow

A lot of the money in the stock market is really our national retirement plan, for better or worse.

— Ron Chernow

I despise the Lottery. There's less chance of you becoming a millionaire than there is of getting hit on the head by a passing asteroid.

— Brian May