Wall Street, eat your heart out. A revolutionary investment strategy is sweeping the nation and leaving financial experts scratching their heads: the Double Up 'Til You're a Millionaire plan.
The strategy
- Start with a dollar.
- Bet it all on red or black.
- If you win, let it ride.
- Repeat steps 2 and 3 until you have a cool million.
- Retire early and live the dream.
Why it's foolproof (according to proponents)
- Math. Each spin is nearly 50/50. Twenty consecutive wins and you're a millionaire. The odds of twenty straight wins on an American wheel, about 1 in 3 million, are described by proponents as "basically 50/50, twenty times."
- Simplicity. Forget stock charts and market trends. Your grandma could do this.
- Thrill. Who needs index funds when you can have the adrenaline rush of high-stakes gambling?
Experts weigh in
"This is absolutely ludicrous," said one financial advisor. "It ignores every principle of risk management and diversification. You're far more likely to go broke than become a millionaire."
"I'm all for taking risks," said an economist, "but this is like playing Russian roulette with your financial future."
Testimonials from the Roulette Retirement community
"I started with 20! I'm already planning my retirement party!" - Bob, 45, Ohio
"I lost everything on my first spin, but I'm not giving up. I'm confident my luck will turn around soon." - Karen, 32, Nevada