yet another of his properties... are they big gamblers or something?

That is an extremely high risk venture and only a "TINY" sliver of the investor market - in fact, those folks are not really investors but rather gamblers (similar to the day traders of stock investing).  

Set plenty of money aside, and don't get caught by the cycle - gambler you :)Good luck, Mitch!

., are you also the type to lend $1000's of dollars to addicted gambler friends of yours on their promise to you that they will pay it back next month?...

A gambler at heart I'd say.You don't need to be really smart to get rich in RE; but it seems like the smarter you are in the market the more you can lose.

Perhaps I'm a bit of a gambler but I see no reason in my family's situation where this account can't better take care of future medical needs.Like any form of investing or financial planning each individual needs to understand there unique situation, risk tolerance and goals.

"Only difference between a winner and a loser is a winner plays until he wins" - Justin Scott Sounds like the impetus for Gamblers Anonymous. 

Maybe, just maybe it is possible ... nah, never mind, we're all just a bunch of degenerate gamblers that just got really, really lucky.

Spenders are just like drunks and gamblers.

I have quite a few clients within my COI that are professional gamblers.