Originally Posted by
Alan Mendelson
No additional information was needed, Arc. Because it makes no difference if we are talking about a video poker game with a negative expectation or a positive expectation. When it comes to investment and security there is no comparison between the return on your money and the return of your money.
If you are investing your money the better investment is always the investment that will guarantee the return of your money. NO casino game will guarantee the return of your money.
The US Government has never defaulted on a bond. I want to make it clear to my readers and viewers who have followed me for more than 35 years on TV and for longer than that on radio and when I wrote for Barron's and the financial press do not -- repeat -- do not allow yourself to be duped by anyone who claims that they can sell you a system, a technique, a method, or a bet that can guarantee you the return of your money in any casino game or that any casino game will offer you more security than an investment in U.S. government insured bonds or the debt obligations of the U.S. government.