From Penniless to Millionaire to Penniless

From Penniless to Millionaire to Penniless
Apr 13, 2008 04:29
LEOPOLD219 Points: Join Date: Feb 7, 2007 Status: offline	According to sources, a 43-year-old British upstart, who won a lottery prize of 5 millions pounds three years ago, become penniless now. Three years ago, he was a poor artilleryman in British Royal Artillery. He won a lottery prize of 5 millions pounds. He became a millionair overnight. He spent 55 millions pounds to buy a luxurious villa around the suburb of Plymouth.After that, he invested most of his money in buying stocks. At the initial period, he made some money. He continued to engage in speculation. In 3 years, he lost all his money. Now he is penniless again. What a greedy man! Greed is human nature?

Apr 13, 2008 04:29

LEOPOLD219
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Join Date: Feb 7, 2007
Status: offline

According to sources, a 43-year-old British upstart, who won a lottery prize of 5 millions pounds three years ago, become penniless now. Three years ago, he was a poor artilleryman in British Royal Artillery. He won a lottery prize of 5 millions pounds. He became a millionair overnight.

He spent 55 millions pounds to buy a luxurious villa around the suburb of Plymouth.After that, he invested most of his money in buying stocks. At the initial period, he made some money. He continued to engage in speculation. In 3 years, he lost all his money. Now he is penniless again. What a greedy man! Greed is human nature?

Apr 13, 2008 08:47	#1
GARYKINKADE Points: Join Date: Jan 8, 2008 Status: Offline	Yup... similar stories happen all the time. Probably only 10% of the winners are successful with their gains.

Apr 13, 2008 22:32	#2
ICEBLUE Points: Join Date: Aug 30, 2007 Status: Offline	The more wealth you have, the more you desire. Enough seems to be impossible.

Apr 14, 2008 08:14	#3
WESTNORWOODGAS Points: Join Date: Jun 22, 2007 Status: Offline	It seems he was poorly advised with his investments, generally the lottery people have their advisors speak to winners to help them cope with their win. Alan

Apr 14, 2008 10:35	#4
WOLFRENJIE Points: Join Date: Apr 8, 2008 Status: Offline	I cann't believe if I become a millionaire ,how can I spend it ?I will make a decision that I need work or not ,if I resign job ,I have nothing to do ,I will be crazy stay in home ,maybe I can go to trip but not everyday ,I don't know how to spend time .I used to work every day ,suddenly I have nothing to do .I have to adapt new life that I never experience it .

Apr 14, 2008 11:24	#5
GARYKINKADE Points: Join Date: Jan 8, 2008 Status: Offline	I'm sure there are a lot of people in this world that would like to show you how to spend it.

Apr 14, 2008 12:49	#6
MARRIE Points: Join Date: Jan 7, 2008 Status: Offline	why not be yourown boss. certainly, be a boss requires qualifications, otherwise you'll be again if u cannot manage the win!

Apr 14, 2008 16:06	#7
GRIZ326 Points: Join Date: Jun 12, 2006 Status: Offline	It is not an uncommon story with lottery winners. 5 million pounds is not a lot of money in the modern world if you try to run with the big dogs. :-) Now if you retire, buy a fishing pole and a little boat ... 5 million pounds is enough money for you, your family and your friends for the rest of their natural lives.

Apr 14, 2008 21:26	#8
SUMMERSNOW Points: Join Date: Dec 19, 2007 Status: Offline	Winning Lottery is a "Quick-to-be-rich" tactic! I am daydreaming to win a lottery prize of 10 millions pound. LOL! Most of us who are daydreaming will end up with disillusionment. Only through working hard can we have the possibility to become rich!

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