Are you investing or gambling ?

12 Jan 2014 15:26 #18616 by relaxing
Always know when you are gambling. Sadly, many retail investors don’t , including housewives, pensioners, students etc. Sigh!

“ Investing is about the study of human nature” – W. Buffett

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12 Jan 2014 19:15 #18618 by inphyy

Differences between Trading, Investing, and Gambling

By Ann C. Logue, MBA from Day Trading For Dummies, 2nd Edition

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16 Jan 2014 10:20 #18690 by relaxing
IMHO, there is no difference between day trading and gambling if you are not investment savvy. Only a few can make money consistently from trading , and they are mainly professionals or syndicates. Always know when you are gambling so you won’t get badly hurt, whether in casinos or equity/property “ investing “.

“ The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable. “ – W Buffett.

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