Isn't investing just gambling?
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01-26-2013, 08:58 PM
Post: #11
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The difference between investing and gambling is not depend on which instrument you play, be it poker, roulette, stock, future etc. The difference is knowledge, skill, know-how. If you know you odds of playing poker and by calculating you have a good chance to win, then you are investing. Same apply that if people don't know how to invest in stocks but think buying stocks is sorts of investing, then he/she is gambling their hard earning money.
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Messages In This Thread |
Isn't investing just gambling? - gobbleitall - 01-26-2013, 08:50 PM
[] - I Like Turtles - 01-26-2013, 08:58 PM
[] - pegasusaig - 01-26-2013, 08:58 PM
[] - curvedcast913 - 01-26-2013, 08:58 PM
[] - Land - 01-26-2013 08:58 PM
[] - cornflake#1 - 01-26-2013, 08:58 PM
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