Stocks and Investing Stocks and Investing
Mon, February 10, 2025
Sun, February 9, 2025
[ Sun, Feb 09th ] - Yahoo
Stocks Poised for Lower Open

Using apps like FanDuel, Americans are expected to bet $1.39B on Super Bowl LIX. They should invest instead.


Published on 2025-02-09 13:41:16 - MSN
  Print publication without navigation

  • Investing isn't quite the gamble it seems. The best way to generate wealth is through long-term, risk-adjusted investments instead of relying on risky bets.

The article from MSN discusses the growing trend of Americans betting on the Super Bowl, with an estimated $1.39 billion expected to be wagered on Super Bowl LIX through apps like FanDuel. It highlights the allure of betting due to its accessibility and the excitement it adds to the game. However, the piece argues that instead of betting, Americans should consider investing their money. It points out that while betting can offer quick thrills, investing, particularly in diversified assets like index funds, provides a more secure path to financial growth over time. The article contrasts the high-risk, low-probability nature of betting with the potential for steady, long-term gains through investment, suggesting that the latter is a wiser financial strategy for building wealth.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/investment/using-apps-like-fanduel-americans-are-expected-to-bet-1-39b-on-super-bowl-lix-they-should-invest-instead/ar-AA1rEdi8 ]
Contributing Sources