Gambling and the Stock Market
Is a spin of the roulette wheel the same as investing in the stock market? What about the blackjack table? Should you go to Las Vegas and play a few hands of poker, or should you find a stock whose value you hope will grow? What’s the difference between using your money for gambling, and using it to play the stock market? The short answer is: plenty. For one thing, the longer you sit at the casino tables, the more the odds increase that you’ll lose. The longer you stay invest