I bought a laptop with money left from school financial aid. It was like 900 anyway... I am regreting it now... we alreayd have a pc at home but i have to share it with my brother and sister. I ...
In an Op-Ed piece in the NY Times this week Warren Buffet says he's buying, not selling right now, and he's buying American. I love the concept; buy low now, count on a recovery in ...
I've been watching Mad Money for awhile. I've read some of Mr. Cramers books also. I was really starting to think he's a guru of sorts. I figured asking the question on here might ...
Generally stock investing is based on company history, earnings, known information that you can gather, study, and make an informed decision. Gambling is generally based more on chance and less on known variables.
mntndo
The difference is with stocks, even if it goes down, it can go back up. Gambling is all or nothing.
jeff410
Expected return, the average probability of outcomes. In gambling the expected return is negative.
Common Sense
Knowledge and talent. Add a lot of hard work and you've got your answer.
Nick Z
Gambling is when you depend on chance for success and not on knowledge or skill.
And it's certainly possible to gamble with stock prices. All you have to do is bet your money on various stock options without knowing much about these companies and hope that you will be lucky and strike it rich with one of them.
But most people who trade stocks try to educate themselves and try to use their knoweldge and skill to profit from stock trading. They make educated guesses and predictions about future stock prices. And this kind of forecasting of market psychology and trying to profit from it is called speculation.
daddybear
investing in stock is the same as investing in horse racing except that if your 'horse' is not doing so good you can sell and try again without losing all your stake
Crasstopher Columbus
speculate:Assumption based on previous info.
gambling:Hope based guess of what the stock is, and where it's future maybe.
jonas_grant
Not much, but in most cases, if you are long, the prevaliling winds of the market are UP, whereas the house always has the edge in casino style gambling.
Gerald
Nothing -- speculate is sofisticated and gambling is for casino... But no differnece in the stock market...
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