Just save it for her, not turn it into a massive fortune through speculation, gambling or doing RE deals which can be close to either.I wish you well and hope you do the right thing....good luck!

Not a horrible gamble on his end.... and not terrible on my end.

Well I am successful because I don't gamble.

One commenter said flipping houses isn't investing...I consider it gambling.

This costs thousands of dollars and lenders have no interest in gambling that a judge will rule in favor of a big bank over a a family of four who lost their home and probably nest egg.

But it nevertheless discusses some very important statistical things that are important to know if you wish to trade options (if you wish to make money in the long run).And Tom, your advice about buying puts and calls being too much of a gamble is not correct.

I always preferred the gambling that came with free soft drinks, scantiliy clad women and all the bells and whistles.

thanks.I thought buying at tax sale was kind of a gamble / football game.

I know some people will perform a pressure test on plumbing but I didn't and my gamble paid off because all lines were good.In my case this renovation was a success.

My wife will get a job this summer... so maybe I can see if that will count as income... but I would really like to get into a multi family home for this next year so I can live in it for a year before changing cities and going to residency (which will have a larger and more authentic income).I was looking at really inexpensive homes in this area (Phoenix) which are 30-40k but have recently been looking at quadraplexes...