No Stupid Questions@lemmy.world · 9 days ago

When does investing become gambling?

No Stupid Questions@lemmy.world · 9 days 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?

Chat

rah
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9 days ago

kinda does

“Kinda” meaning not actually.

as close as anything can be guaranteed

So not guaranteed then.
- Steve@communick.news
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  9 days ago
  Yes. True. Just as not guaranteed as the sun rising tomorrow.
  - rah
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    9 days ago
    I’m glad you’ve realised that what you wrote was incorrect.

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