Is investing/playing the stocks considered gambling?
Can someone tell me the difference between putting your money into stocks and taking a chance on you getting an increase or losing everything....VS..... going to the boat..... or buying a lottery ticket?
If you just invest in a random company that is by all means gambling. However if you know what you're doing (e.g. reading a companies annual report sheets and understanding them) you have a very high chance of making money.
As the recent problems in the markets have shown, even highly respected investors can make stupid decisions and lose a fortune.
So when the average Joe gets online and buys and sells shares for short term gain, he is absolutely gambling. And if he thinks he is not then he is kidding himself.
But Republicans like this form of gambling, which is why it is totally legal to trade online, yet they shun other forms of online gambling.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
