No Stupid [email protected] • 5 months ago

When does investing become gambling?

No Stupid [email protected] • 5 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

@[email protected]
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17•5 months ago
If its fun or get rich quick. Gambling.

If it’s some boring thing some adviser told you that you are sick of, that you then told your family and they are sick of it. You just going to leave it and forget about it. Then it’s investing.

No Stupid [email protected]

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