Thursday, July 23, 2020

Is investing/playing the stocks considered gambling?

William Vickerman: I think there is no question it is gambling.As the recent problems in the markets have shown, even highly respected investors can make stupid decisions and lose a fortune.So when the average Joe gets online and buys and sells shares for short term gain, he is absolutely gambling. And if he thinks he is not then he is kidding himself.But Republicans like this form of gambling, which is why it is totally legal to trade online, yet they shun other forms of online gambling....Show more

Adan Alipio: If you just invest in a random company that is by all means gambling. However if you know what you're doing (e.g. reading a companies annual report sheets and understanding them) you have a very high chance of making money.

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