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/biz/ - Business & Finance

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54600115 No.54600115 [Reply] [Original]

What's the difference between investing and gambling?

>> No.54600117

F

>> No.54600118

>>54600115
people that have sex gamble, people that don't have sex invest

>> No.54600123

Gambling is when you know the odds are against you, but you put your money on the line anyway. Investing is when you can delude yourself into thinking you have an edge.

>> No.54600131
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54600131

>>54600115
Google it, midwit

Investing:
put (money) into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.

Gambling:
play games of chance for money; bet.

>> No.54600166

>>54600118
False

>> No.54600171

>>54600131
Those are literally the same thing

>> No.54600232

In Australia the difference is simple


1. You pay taxes on investing

2. You dont pay taxes on gambling

>> No.54600242

>>54600131
Betting on a good poker hand is a more sound investment than buying magical stock numbers.

>> No.54600245

>>54600115
The length of the intended holding period.

>> No.54600255

>>54600115
Unless you're buying index funds: there isn't one

>> No.54600258

>>54600115
no difference. same thing even for starting a business or helping a friend

>> No.54600607

Nope