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Busting Myths! 2 – Investing is Gambling
By Learn To Invest  •  April 21, 2022
Myth 2: Investing Is Gambling.  What is the probability of winning in gambling? Investing is Gambling? Gambling consists of tossing a coin and hoping for heads or tails; there is no data to analyze and you have no influence over the outcome. Gambling is a zero-sum game, which means that if you win, someone else will lose. Similarly, trading in futures and other financial derivatives, as well as buying binary options, is a zero-sum game, or gambling. Why is the house always winning? Source: Medium The odds of the casino winning your money are greater than the odds of you winning the casino’s money, regardless of which game you choose to play. Because all casino games are structured to give the house an advantage, the possibilities and magnitude of prospective winnings are reduced. For example, a roulette wheel is numbered from one to 36, so you might think this puts the...
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By Learn To Invest
Not an investment genius, but someone who is learning and sharing my findings on personal finance and investing. I have amassed my knowledge through internships, amazing mentors and books. I developed this blog to document my investment path and demonstrate to the general public that anyone can learn to manage and increase their own money with the right framework of investing and thinking. In that spirit, I intend to share my thoughts and opinions as open as possible in this blog. Because of familiarity and my knowledge with the SG companies, I began my investing in SG markets in 2019. I eventually expanded to invest in the Hong Kong and the United States markets.
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