No Stupid [email protected] • 13 days ago

When does investing become gambling?

No Stupid [email protected] • 13 days ago

Is there a hard threshold? Do high risk investments such as penny stocks qualify as gambling? Do low risk investments? Annuities? Bonds? CDs?

This comment got me wondering.

Is it more to do with the venue? Stock markets and real estate vs casinos and the lottery?

Were the MIT Blackjack Team gambling or investing?

Or Jerry and Marge Selbee?

Is this just another semantic hotdogs are sandwiches discussion or is there an agreed threshold?

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5•13 days ago
There’s no agreed threshold. Everything we do in life requires some risk, like driving a car or using the stairs. Some safe things are bad for you and some risky things are good for you.

No Stupid [email protected]

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