15 Feb 2023: is investment a gamble?
Investment is viewed by many, including mysf as a way to gain financial freedom. But is this really the case?
Investment and or trading has an approach to follow to make sure one is not confusing gambling with investment or trading. Ultimately, stock is a tool for us to use. How we use it will determine whether it is investment or is it gambling...
If one blindly buys a stock with the hope of making an insane amount of money then I would say it's wishful thinking and likely a gamble. However, if one has done the research and also has listened to alternative view before making one's bet and/or investment, there is a higher chance that it is an investment. Nevertheless, be it investment or gamble, one can never say for sure that it is a sure win bet.
Risk management must be undertaken.
As always, this should not be construed as any investment or trading advice.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Ok