I love statistics, but I don't believe in the application of statistics in lottery winning. Some dreamt about a combination of numbers, bought the lottery number, got the prize - to date, I believe this is purely luck. There are some research investigating whether lottery winning is based on the game of probability or people are just simply lucky.
Yesterday, to de-stress during lunch break, I was thinking on a few things I may do/buy if I was that lucky to win a lottery of $50k. I know this is boring .. well, just some random thoughts.
Yeah definitely. Family holiday trip and sponsoring education are always on top of my list. Taking my family on a two weeks holiday visiting a few of the UNESCO World Heritage Sites would be enriching and de-stressing. Then, I am thinking of sponsoring education of some children in the less developed world. I am a strong believer of education as one of the most effective tools to break their vicious cycle of poverty.
And, what will I buy? The list rolled from 1 item to 3 items then to 6, but I stopped at #8.
Coach Bleecker Canvas Tote
Rado Sintra Jubile Watch
Tiffany "Please Return To" Ring
March Jacobs Sunglasses
Cartier Love Bangle
Mont Blanc Signing Pen
Marc Jacobs Dress
Marc Jacobs Trenchcoat
During my first economics lesson, my teacher taught the class: [Resources are Limited, but Wants are Unlimited].
Pancakeism page 110708 says: [Before 35, you buy mainly because you want them. After 35, you buy because you need them. But, to add on what have been said, there is variation in everyone's bandwidth of wants and needs].