from what i've seen, investors differentiate themselves from gambling by the amount of time spent waiting for the gamble/investment to mature. gambling usually takes hours to days whereas investing takes years to decades.
Re: Stocks/Mutal Funds
from what i've seen, investors differentiate themselves from gambling by the amount of time spent waiting for the gamble/investment to mature. gambling usually takes hours to days whereas investing takes years to decades.
indeed
Re: Stocks/Mutal Funds
In all fairness though investors are able to make some decisions based on past performance of the company, general economic situation and other stuff. A gambler is just as likely/unlikely to win each time they draw a card, roll a die, or work the one armed bandit.
"Am I not destroying my enemies when I make friends of them?"
-Abraham Lincoln
Four stage strategy from Yes, Minister:
Stage one we say nothing is going to happen.
Stage two, we say something may be about to happen, but we should do nothing about it.
Stage three, we say that maybe we should do something about it, but there's nothing we can do.
Stage four, we say maybe there was something we could have done, but it's too late now.
Re: Stocks/Mutal Funds
Well considering I worked in the trading room, it would be weird if I had'nt invested myself.
GRATS on ur promotion SOLDIER !
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