No Stupid Questions@lemmy.world · 5 months ago

When does investing become gambling?

118

When does investing become gambling?

ccunning@lemmy.world to

No Stupid Questions@lemmy.world · 5 months ago

118

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?

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5 months ago
"Gambling " is so meaningless in this context.

I gamble with my life when I drive to the shops.

When you put your money in the bank, theres’ a chance you’ll make some interest, there’s a chance you’ll make a little more interest. Does that make it gambling?

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