Daily Poll: Is investing and gambling the same?
Is investing and gambling the same?
They both involve risking capital in the hopes of making a profit.
Their key principle is both minimizing risks and maximizing rewards.
Their key principle is both minimizing risks and maximizing rewards.
So what's the difference between investing and gambling?
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Milk The Cow : Gambling = Likely no/little research done & usually "ALL IN".
Investing = DYODD & based on the higher probability to make a decision.
Actually no much different but a slight difference .
Usually gambling become an addict but investing is one who knows when to stop like eg. Stop loss at -40% ?
So? How if I choose a low probability with high return rates, is it call gambling? Who knows ?
NYChris90 Milk The Cow: In this market it's hard to tell the difference
Milk The Cow NYChris90: Yar, market is volatile .
buy-buy-buy : investing is gambling with calculated risks and analysis, gambling is investing with money involved and unknown results, hoping to see a quantitative changes of the money
Hit and Run : gambling is a guessing game. so do u just guess when u buy a company's share ?
treydongui : I think anytime inside info research or analysis can better your chances at profiting this is a step up from gambling. If it weren't for rampant manipulation and the markets it would feel less like gambling and more like investing should