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Re: G-dog post# 34570

Wednesday, 01/05/2011 11:07:08 AM

Wednesday, January 05, 2011 11:07:08 AM

Post# of 59549
"Stocks" are not a gamble by any means - whoever told you that is uneducated.

A gamble is something that is 50/50 - the annual return on the stock market is historically between 10% - 12% per year (depending on which index you look at, etc).

Gambling is going to the casino and putting $100 on RED or BLACK. If RED or BLACK historically paid you 10% on your $100 each time you put it down would you say "I am going to the casino to gamble" or "I am going to the casino to invest"? (LOL)..

I do agree though that IMGG and ALL OTC stocks are a pure gamble in every aspect.