Is stock investing really gambling in disguise?
If you're new here, you may want to subscribe to my RSS feed. Do also join our FREE membership where you will find tons of bonus marketing reports, cheatsheet and guides. Yep. 0 charge, 100% value. Join NOW!
I do remember vividly of one instance when I was discussing investment with a dear friend of mine.
When I mentioned the word 'stock', he straight away got a bit wary and defensive and commented, "Isn't playing with stock no different from gambling? And not to mention it is a high risk game as well? If I make just one wrong move, I'll be in deep shit right?"
Reflecting back then, I think there is still a perceived notion that dabbling in stock is equivalent to gambling. I don't really blame my friend for that statement. He had a bad experience where his dad lost a pile in the stock market. Must be traumatizing for him.
Yes while I do admit, getting involved in stocks can be like gambling in certain cases, to equate both of them together will be to do injustice to all the careful and rational investors who do their due diligence out there.
All too often, we hear of people losing a fortune in the stock market. When you really examine why is this so, the familiar old reasons come out. There are many, but I will just pick 1, which is
