Are you investing or gambling ?

Always know when you are gambling. Sadly, many retail investors don’t , including housewives, pensioners, students etc. Sigh!

“ Investing is about the study of human nature” – W. Buffett


www.investopedia.com/articles/basics/10/...ting-or-gambling.asp

Differences between Trading, Investing, and Gambling

By Ann C. Logue, MBA from Day Trading For Dummies, 2nd Edition

www.dummies.com/how-to/content/differenc...ng-and-gambling.html

IMHO, there is no difference between day trading and gambling if you are not investment savvy. Only a few can make money consistently from trading , and they are mainly professionals or syndicates. Always know when you are gambling so you won’t get badly hurt, whether in casinos or equity/property “ investing “.

“ The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable. “ – W Buffett.