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Originally Posted by robfla
i would assume bridgejumping involve at least 10k at a smaller track and 50k at a major track....
more like the guy that gets a tip on a penny stock that is 31 cents, invests 50k, then the company goes bankrupt.
I don't see anything low risk in betting a horse to show for a lot of money to make 5%
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No really, because the penny stock investment would be speculative in nature, with a much higher upside for being "correct".
It's more like buying $50k worth of Treasuries at 5% and having the American government default 5 minutes later.