First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/07/31/playing-the-lottery-vs-building-real-wealth-002784
<p><img src='https://www.moneymetals.com/uploads/content/playing-the-lottery-vs-building-real-wealth-social.jpg'/></p>Those who are looking to get rich quick can try their luck at lotteries, casinos, or highly leveraged derivatives markets. Most who do will, predictably, end up getting poorer. A sound investing strategy won’t necessarily bring you jackpot gains, but it will protect you from disastrous losses while putting you in position to build real wealth over time.