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