TLDR? Gambling and investing are similar on the surface, but they are differentiated by key differences in how risk and probabilities of scenarios play out. Gambling returns a net zero, whereas investing can lead to sustainable gains over time.
Hey guys, welcome back to another week here on My Money What. Today, we are going to talk about a topic that we’ve heard thrown around lot:
No prizes there for the person who guesses what my position is.
Side note. (When I was thinking about the concept behind this post, several ways of tackling it did occur to me. I could go down the typical route and talk about how a person needs to understand the investments they are buying. Or some variation of this idea. This has been repeated ad nauseum, and I am taking a different approach. Hope you enjoy it.)
No matter who you are, if you live in a capitalistic society, you have come across this, “Investing is Gambling”....
