No Stupid Questions@lemmy.world · 6 months ago

When does investing become gambling?

No Stupid Questions@lemmy.world · 6 months ago

Is there a hard threshold? Do high risk investments such as penny stocks qualify as gambling? Do low risk investments? Annuities? Bonds? CDs?

This comment got me wondering.

Is it more to do with the venue? Stock markets and real estate vs casinos and the lottery?

Were the MIT Blackjack Team gambling or investing?

Or Jerry and Marge Selbee?

Is this just another semantic hotdogs are sandwiches discussion or is there an agreed threshold?

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rah@feddit.uk
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6 months ago

kinda does

“Kinda” meaning not actually.

as close as anything can be guaranteed

So not guaranteed then.
- Steve
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  6 months ago
  Yes. True. Just as not guaranteed as the sun rising tomorrow.
  - rah@feddit.uk
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    6 months ago
    I’m glad you’ve realised that what you wrote was incorrect.

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