Is investing just gambling? Are you better off going to the bookies rather than risking your money in the stock market?
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Timestamps
00:00 – Investing is Gambling
00:40 – Investing vs Gambling
01:20 – Stake
02:11 – Asset
03:54 – Time
06:44 – Sponsor
07:52 – More Time
08:58 – Economic Utility
11:48 – Adverts
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There is certainly a risk to investing, but I dont consider it gambling. Because there's risks to just holding your money in cash (inflation and the opportunity costs of the gains you miss from not investing). When looking at the past 100 years, investing long term seems to be the safest bet for your money. And doing the safest thing seems like the opposite of gambling. There's ways to make investing like gambling (day trading, putting everything in one stock, shorting stocks, etc) but if you're holding index funds long term then its not gambling, its just being rational based on past results. Past results aren't guarantee of future results, but its the best thing we got to go by.
The bulls always win
It is gambling
Answer to the title:
No because investments aren’t rigged, intended to addict and financially drain.
Don’t listen to these lies to make yourself and your gambling problem feel better
This is totally how I talked to my non-fictitious brother about life in general, that he needs to understand what he’s getting from anything he’s doing and what it’s taking from him. Sometimes the joy we feel doing something is manufactured meaning not real, you’re not having real fun buddy. It’s all fake.
Can I ask what software you use to edit your videos and create your thumbnails?
this is [second part of] definition of a gambling from oxford dictionary, right "bet on the outcome of a future event such as the result of a race or game"
why is this gambling, but not when you change "race" for a "[financial] quarter(s)"?
Q-quality
Investing has always been gambling.
I had an algebra class and the teacher was going to touch on statistics. He started with the old:
"You flip a coin 100 time and it comes up heads every time. What are the odds it is tails the next time."
The class of course said it's still 50-50.
He said, "No way, you need to check that coin! There's something wrong with it!!!"
😉
Yes and no!
Only invest what you can afford to lose.
One comment could be that buying global index fund doesn't mean you support the companies directly. Actually you are trading the funds from another investor. So, you are not finding the company by buying the shares. Of course, there are indirect effects on the companies that are listed in the index like if the value of the company is higher than it is easier to borrow money etc.
The social responsible act ı shall name in the end is magnificent, thanks
You used to be able to bet on stock markets on 365. So I guess that's the best of both worlds?
its literally not gambling
Yes trading only gambling but the difference is I set a stop to determine my losses and when I’m right there are no set odds, your wins can run and run.
Largely agree with all of this, though the final stat about investing vs gambling feels iffy without context.
Is for example buying a £2.50 lottery ticket once a month or on a rollover gambling. Yes it absolutely is. Is investing £2.50 a month even possible? With difficulty given dealing fees, minimum trading amounts etc.
You make very good videos, my brother has lots of cash in the bank, I told him about putting it in the S&P 500, but he thinks I don't know what I'm talking about. Is there a video of two that you would recommend I send him, to help him get the ball rolling? Like a "how to" or "beginners guide" video? Thanks
Thank you for your high quality video
Gambling extracts value, investing builds it. Love this!!
obvs i prefer your new title for that paper! I need to send this to a LOT of my friends who are scared of investing. It makes me so sad that people are scared or think its gambling. I feel its just financial education they need. Do these naysayers know their pensions are 'investing' 🙂
Investing is what wine is to the middle class when gambling is what lager is to the working class.
Just the latter isn’t taxed