Thinking of a Lottery Ticket? Lucid Group Stock Looks Like a Better Bet
When you buy a lottery ticket, your expected return is almost negative. Put simply, the odds are against you, even if the potential payout is lucrative.Investing in the stock market, on the other hand, rarely creates riches overnight. But over the long haul, stocks have shown the ability to grow your money by around 10% per year. With the magic of compound interest, even small sums can grow into impressive nest eggs.Some stocks like the one discussed below can grow your money even faster. These investments have higher levels of risk, but they're still a wiser choice than a lottery ticket.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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