|Posted: October 18, 2014, 10:13 pm - IP Logged|
Continuous losing is also a form of financial suicide.
There's an old adage in the betting world that says, (paraphrasing) as long as you have venture capital, you can bet, and invest. As long as the money you spend doesn't interfere with bills, and putting money away for the long run/emergency/whatever. This is money you won't regret missing if you lose it.
You're right though, If one doesn't find a way to beat the system eventually, at least just enough to be in the black on a regular basis, the poor house is around the corner.