No Stupid Questions • 5 months ago

When does investing become gambling?

91

When does investing become gambling?

No Stupid Questions • 5 months ago

Is there a hard threshold? Do high risk investments such as penny stocks qualify as gambling? Do low risk investments? Annuities? Bonds? CDs?

This comment got me wondering.

Is it more to do with the venue? Stock markets and real estate vs casinos and the lottery?

Were the MIT Blackjack Team gambling or investing?

Or Jerry and Marge Selbee?

Is this just another semantic hotdogs are sandwiches discussion or is there an agreed threshold?

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@RBWells
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1•5 months ago
I do call my small basket of individual stocks gambling (it is a couple hundred bucks, loses value overall, just like gambling) and the 401k I call “investing”.

I do think investing in general is speculative though, so yeah I consider it gambling. Not bonds, but stocks yes.

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