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Isn't investing just gambling?
01-26-2013, 08:58 PM
Post: #7
pegasusaig Offline
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Gambling is pure chance. If you are an unskilled investor and do not know how to research your investments or use good financial judgment, you are indeed gambling.

Gambling in terms of any casino play always has the gambler in a position of negative advantage; the odds are invariably against them. Not so in the market. The odds on investing success depend mostly on the skill of the investor; they are not predetermined by the game.

Few people have gotten rich gambling, unless they owned the casino. Huge numbers have gotten rich investing. I'm one of them.
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Messages In This Thread
[] - Andrew - 01-26-2013, 08:58 PM
[] - David - 01-26-2013, 08:58 PM
[] - Joe - 01-26-2013, 08:58 PM
[] - Lana - 01-26-2013, 08:58 PM
[] - I Like Turtles - 01-26-2013, 08:58 PM
[] - pegasusaig - 01-26-2013 08:58 PM
[] - Eddie W - 01-26-2013, 08:58 PM
[] - kelby7670 - 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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