Do you agree that investing is gambling?
Investment is gambling, I agree with this statement. Because for some reason, investment is indeed a kind of gambling, and we have been gambling since birth. For example, investing in education is a kind of gambling, because education needs to be paid first and then harvested. We spend a lot of money on education every year, but waiting for future income does not necessarily guarantee the same return. Lottery, stocks, funds, time deposits, real estate, insurance and other investments all belong to gambling, because these are risky, but the risks are different and the returns will be different.
How to distinguish between investment and gambling?
Although we say that investment is a kind of gambling, there are essential differences between investment and gambling, which are completely different. First of all, investment is legal and gambling is illegal. In addition, investment generally has a predictable return, but gambling is a loss-making activity. You can usually invest in stocks, funds, real estate, etc. And our wealth will change according to the length of time. Investment is profitable, but 99.999% of gambling is losing money, and the gambling income is less than zero. Even in the casino, we may lose all our property at once.
Although we usually say that investment is a kind of gambling, we must not confuse the concepts of investment and gambling. There is still a certain return on investment, but gambling is completely gone. Therefore, we must know how to correctly distinguish between investment and gambling, so as to choose a more suitable way when managing money.