A little fun here, sorry if off topic but read the lottery posts. Just for shyts and giggles here is an analogy I often use with those who factor lottery winnings into their retirement plans!
Math tells us the odds of winning the major lottery are about 15,000,000 to 1. There are about 15,000,000 individual residential dwellings in Canada including single detached homes, apts, duplexes, townhouses and even mobile homes and farms/acreages. Any one of you is invited to hop on a plane, pick any one of these units, pop a cold one and sit in the living room, and .......wait. I have to get on a plane, pick a city/town/county, grab a cab and drive to the exact house you are in, knock on the door and introduce myself!!!!!!! Chances are the same!!
THAT sort of puts things into perspective. LOL. By the way, 3 out of 7 numbers is like picking the right province/territory, 4 out of 7 is picking the right city, 5 out of 7 is picking the right postal code, 6 out of 7 is picking the right subdivision, and 7 out of 7 is knocking on the right door!!!!! Once this was calculated I only buy 2 tickets a week now!!
So much for that retirement strategy. Best stick to ROF plays!!
Best regards,