Investing and Gambling – Same same but different?
While there are obvious gamblers in the world of trading and investing, is there reason to believe that there is a significant difference between legitimate investors and gamblers in the market? To say the least, investing is not always as lucrative or risky as some might think if you buy and hold. For example, dividend investors usually get 3-5% per year and on certain years, their dividends are cut, or otherwise cannot even cover their paper losses. In today’s post, I will be sharing my thoughts on why investors can still stay legit in the midst of gamblers in the market.
Gambling occurs everywhere
The idea of betting to make a quick buck exists in almost every context. For example, giving up an opportunity and waiting for a better one even thought it is not confirmed yet. Otherwise, buying a property at a particular location...