Tuesday, August 31, 2010

Difference between Gambling and Investing






Gambling – It involves a game of chance where the money is put at risk with the aim of making a profit. The rules of the game are set by the banker where the odds are against the player. There is no tangible ownership of assets.




Investing – It involves putting the money in a tangible asset with the hope of making a profit after doing research. The investor takes calculated risk based on available research data and hope to expect good returns within a time horizon.

Both can result in profits or losses. But from observations of other successful people, investing is a better choice to prosper as the chances of making profits are higher.

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