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re: Bought into a sinking ship stock
Posted on 11/2/23 at 3:22 pm to yankeeundercover
Posted on 11/2/23 at 3:22 pm to yankeeundercover
Somebody explain to me how investing does not equal gambling?
Posted on 11/2/23 at 3:27 pm to sodcutterjones
I stupidly have more of these than I would admit…. Going to sell a few soon to offset some gains this year and probably for a few years.
I was up on most at some point, lesson learned
I was up on most at some point, lesson learned
Posted on 11/6/23 at 10:29 am to sodcutterjones
quote:
Somebody explain to me how investing does not equal gambling?
Good professional gambles always know the odds.
Posted on 11/10/23 at 11:03 pm to sodcutterjones
quote:
Somebody explain to me how investing does not equal gambling?
The house always wins with gambling. Sometimes I think the deck is stacked against the small investor...but I think we can still come out ahead.
Posted on 11/11/23 at 7:30 am to sodcutterjones
quote:
Somebody explain to me how investing does not equal gambling?
When you gamble, you're not actually buying or owning anything. · When you invest, you own assets with measurable value.
Both activities put money at risk. Investing gives you the ability to stack the odds in your favor, gambling doesn't.
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