Ten points to the answer that is clear and has detail.
Good Evening Professor Swag,
Believe it or not, I read your questions on Yahoo Answers. You are 16 years old. From your questions, you sound like a very intelligent young man who is very interested in making money. You sound a little like myself when I was young.
I was very poor. I had a big garden and raised chickens to help my mother feed the four of us. I remember my first summer job. I got a job washing dishes at this Italian restaurant. I was never so happy to see that summer end. I had to give up that terrible job and go back to school. At age 16, I realized going to school was alot easier and more important than washing dishes. The hell with the money.
Like you, I wanted my own money. I was poor and did not have a lot of money. After that summer job, I realized you can only make big money with an education and not from a nickel and dime job or street hustle.
My first $1000 investment was stock in "Jack-In-The-Box- Restaurants" when they had ten (10) locations. I traded Gold in the futures market @ $50/oz right after gold was deregulated. The price of gold shoot pass $1500/oz. I will not even go into real estate investments.
Sure I gamble. I was a (I.L.W.U.) Longshoreman before becoming a Stock Broker. I have hustled dice and cards in the streets for years. Read my Yahoo Question on street dice. No one on the gambling section could answer the question. It would be easy for me to answer your question.
Gambling is a past time and fun to me. Gambling was after, I got my big huge foundation from solid investments. Gambling is no way for a young 16 year old to waste his time. Do you know how much Gold has moved in the last four years? If you would have invested your $100 in gold futures four years ago, you would be worth $10,000 today. Do you know how to read the stock prices? Do you know the US dollar vs the Japan yen? Do you know the price of crude oil? I guess you have been to busy playing street dice and let the big money go by without even (smile) knowing it.
My advise to you. Let me see you post questions in the investment section. When you are able to totally lose $5000 in Las Vegas without blinking, than ask questions in the gambling section.
Live is too short to play games. Study hard and may the force be with you. Peace, from Los Angeles.