No Stupid [email protected] • 6 months ago

When does investing become gambling?

No Stupid [email protected] • 6 months 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?

Chat

Fogle
link
fedilink
4•6 months ago
And if the market collapses your money is useless anyway
- /home/pineapplelover
  link
  fedilink
  2•6 months ago
  Well there are still physical things. There’s gold, silver, precious metals, property, food, water, etc.

No Stupid [email protected]

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