It’s true. There’s guaranteed money – lots of it – to be made at the casino and in mutual funds (share funds).
There’s only one problem. Most people don’t know how to do it. I’m one of them.
But, the riches are plentiful and overflowing. No shortage of money. No shortage of cashflow.
You see, most people have the wrong idea. They look for ways to beat the casino; ways to beat the mutual fund.
They try timing. They try betting (investing) more money. They try hoping. They try studying the percentages. They try witchcraft. They try just about everything.
But they miss one. They always miss it. It’s the only guaranteed way to make money at these two venues. Guaranteed big money. No small change here. It’s the mother-lode; the mother of all jackpots. It’s the payday of a lifetime coming in every day.
And, here now is the secret. The way to guarantee you win every time at the casino and in mutual funds. I wish I discovered it earlier. I wish I was smart enough to think of it on my own. But, I wasn’t. I got this idea from Robert Kiyosaki of Rich Dad Poor Dad fame. So, the credit goes to him.
But, you’ve waited long enough so here’s the answer …
The way to make guaranteed money at the casino and/or in mutual funds …
DRUM ROLL PLEASE!
You gotta own them!
In other words, you have own the casino or own the mutual fund.
How do you figure?
As a casino customer or mutual fund investor, I am definitely a wealth builder. Only one problem, I’m building wealth for someone else – the owners.
In both venues I have a chance to make some money. But, there are forces at work that make it very difficult. Forces that favor the owners and stack the odds against me.
In both venues I just become a pawn in the wealth building game of the owners. They’ve built the odds into the game before they let me play. They made up the rules and then opened up the gaming floor for anyone to “try their luck.”
Casino:
The wealth building game for the casino owners is to get as many people as they can to place as many bets as they can. Once the number of bets gets over a certain amount, the riches are virtually guaranteed. Once the volume of bets exceeds a certain threshold, the probablility curve shifts to the right. This right shift is what the owners want. It means they win; no matter what.
A few customers will win the jackpot. No problem for the casino owners as long at the number of bets placed keeps pace. And, the easy way to get their money back is to somehow talk these winners into placing more bets. If the owners can do this, then they are virtually guaranteed to get their money back.
Mutual Fund:
The mutual fund owners operate in a similar fashion. Just keep getting investors; more and more. And, get them to invest on a regular basis; Nirvana for the owners.
When the market is down, the owners cry, “Buy more shares while the price is low!”
When the market is high, the cry is amazingly similar, “Buy more shares while the market is hot!”
You see, the owners don’t care if the market is high or low. All they care about is my making monthly payments. And, hopefully, talking me into increasing my monthly payments.
After all, that’s their guaranteed money maker. They take their fees, every month. Whether I make money or not.
They get the gold mine … what do I get?
Interview with a casino owner
I watched an interview with a casino owner on television a long time ago. The interviewer asked him, “Who is the gambler you fear the most?”
The casino owner answered as follows, “The guy I fear the most is the one who comes in and places one bet. Then, win or lose, he leaves.”
“Why’s that?” asked the interviewer.
“Because I can’t make any money from that guy. Or, it’s very hard for me to make money. If he wins, I lose. If he loses, that’s then end of his loses. I can’t make any more from him.” replied the casino owner.
“So, who’s your favorite customer?” was the interviewer follow on question.
“My favorite customer is the guy who comes into the casino and stays. This is my bread and butter. I don’t care how much this guy wins. It doesn’t matter. It’s better for business if he wins. That way others see it and they gamble more; more money goes into the machines and onto the table and of course into my pocket.” explained the casino owner almost excitedly.
“What if he wins it all back?” asked the interviewer.
“He can’t. The odds are stacked so high against him. The more he gambles, the more the probability curve works in the casino’s favor. The more bets he places the more the odds favor the casino. My goal as a casino owner is to see the number of bets skyrocket. Once we get the number of bets up in the thousands, the casino is a guaranteed winner. The probability curve shifts to the right and just becomes a solid fixture. It guarantees us winnings. We can’t lose overall. A few folks will win but the overall majority of bets will be losers; guaranteed losers, making us guaranteed winners. That’s why it’s very rare to hear of a casino going under. It’s almost guaranteed income.”
Taking a bath in my mutual fund
My recent mutual fund experience …
“You took a bath with that mutual fund! It looks like your losses are exactly equal to the amount you invested. So, after over 20 years in this mutual fund, you made nothing.” said my accountant over the phone.
I’d have been better off putting the money under my pillow.
So, much for professional investment advice. So, much for handing my money over to some so-called “expert” and saying, “Make me rich!”
What does Robert Kiyosaki say about Mutual Funds?
I’d recommend reading Robert’s article, “Why Mutual Funds are Lousy Long Term Investments.”
But, here’s a table – taken from the article – that summarizes his negative mutual fund outlook. It shows very plainly why you would not want to invest in mutual funds. But, it also shows why you would definitely want to own one!
| Mutual-Fund Company | Investor |
| 80 percent of the return | 20 percent of the return |
| 0 percent of the capital | 100 percent of the capital |
| 0 percent of the risk | 100 percent of the risk |
Now, I’ve got to do some homework.
I’m going to do a couple of google searches. First, “How do you buy a casino?” Then, “How do I start up my own mutual fund?”
if most webmasters and bloggers produced very good content as you do,the usefulness and significance is overwhelming?2