Move Over 401K - Why Sports Betting May Just Be a Better Way to Plan Your Retirement

I know what you are saying right now: How can youthey are ready to retire, even though they have stuck
seriously use sports betting and early retirement in thewith the plan?
same sentence? As ridiculous as it sounds, I may justWe have always been told, that if we put a certain
be able to change your point of view once you areamount of money away in our retirement funds that it
done reading this article. So let me explain.should double every 6-7 years. Have you heard this
First of all I would like to clarify, that I'm not saying thatbefore? The idea behind it is that with time you can
you should go out right now empty your retirementgrow a modest sum of money into a large fortune by
savings account and bet it on the upcoming NFL gameletting it grow. Let me ask you. How has that been
this weekend. Obviously with any type of investing it'sworking out for you?
best to diversify your portfolio so that you don't haveWhy Settle for the So Called "Sure Thing", When the
all of your eggs in the same basket. What I am sayingRiskier Option May Not Be That Risky at All?
is that maybe, you can look to sports betting asEven if the above plan were to actually work, which in
another vehicle that you can add on to your existingreality it's not, why are you willing to settle for 100%
and more traditional forms of investments. Whoreturns every 6-7 years when sports betting can get
knows, they may actually out perform some of youryou these types of returns each and every year? It's
safe funds.not uncommon to see sports betting returns of 10%,
Get Real: Sports Betting for Retirement. Is this a Joke?20% and 50% monthly let alone yearly. Even a
Growing up and throughout our working lives, we havemodest 6% return compounded monthly will get you
always been told by the experts that you need toover 100% ROI after just the first year.
save for a rainy day and that it's critical that we putIf you can follow a winning and profitable sports betting
some money for retirement. If everyone has beensystem, manage your funds like you would with your
following this advice, then why are so many peopleother investments and stay disciplined, then you may
having to continue working until they are 65 and 70find that betting on sports might be replacing your
years of age? Why are so many people broke whenother investments.