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Personal issues, Financial problems, Education information, Legal dispute resolution information
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Question: Would you consider stock investments as gambling?
(Posted by: ಌMemsterಌ on 2010-04-27 16:42:51)
Why or why not? |
Answers:
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Posted by: Trisha on 2010-04-27, 16:45:16
I consider them a more mature form of gambling. When a man feels that he is too highly cultured or sophisticated to gamble, they buy stock. |
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Posted by: flippinflip on 2010-04-27, 16:46:02
No, in todays market, stock investments are considered a death wish |
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Posted by: renee on 2010-04-27, 16:46:02
You are taking a risk its gambling in investments sit down and think about it |
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Posted by: You Have 0 Friends on 2010-04-27, 16:46:14
Yes, but you gamble every time you make a guess or prediction about something. You gamble every time you make a decision. So it doesn't really matter. |
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Posted by: CanadianFundamentalist on 2010-04-27, 16:46:25
No, seeing as how it's possible to predict and make an educated guess or reasonable assumptions (e.g. "Based on the evidence, I think it would be wise to do X "). If something containing any element of chance is "gambling ", then getting out of bed in the morning is gambling, crossing the street is gambling, going to school is gambling etc. |
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Posted by: Kelly on 2010-04-27, 16:48:39
No. Gambling is hoping to win, just out of luck. With research and good decision making, you can do well in the stock market and don't have to rely on luck. |
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Posted by: mov ah, 4ch on 2010-04-27, 16:53:32
Well, not quite. In case of gambling, the only side that wins is the casino. In case of stock investments, the actual market players can and often do win. There is only one condition - that player has to be a huge investment fund, bank or a brokerage by himself. In the stock market, the advantage is to be able to react to the events happening on the market faster ( "buy it when its low, sell when its high "). And the best way to do that is to create the events by yourself - which can be done. It just requires huge pools of cash. |
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Posted by: bicycle rider on 2010-04-27, 16:54:23
Not really, as you are actually purchasing something with your money. You are buying stock in a company. You are just hoping the company based on it's past will continue to do well where you can make a profit on your purchase into their company. |
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