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Re: None

Monday, 10/19/2015 4:22:13 PM

Monday, October 19, 2015 4:22:13 PM

Post# of 403224
Gambling and investing all involve risk taking
but the differences are these:

1)Investors have the ability to limit their losses

2)Investors can make educated decisions on the investment based on facts.

3)Investors can hold the investment for an upturn

4)Investors don't take a loss unless they sell

Gamblers on the other hand,be it racing,gaming,roulette,cards,dice,etc.

1)Cannot limit their loss.Once the $ is on the table,it's all or nothing.

2)Gamblers have no control once the dice are thrown.

3)Gamblers can't rely on any facts to support their risk/reward.

4) Gamblers can't wait for the game to work in their favor before taking their money off the table and avoid a loss.

Just a few differences here,I could list more.

Playing the odds (gambling) is not the same as playing the facts and science (investing).

JMHO

Kelt.
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