Quote:
Originally Posted by bolinp78
If nothing more than to keep this stupid thread going, I completely disagree. If you are throwing your money around at stocks hoping for short term pop (like you mentioned), then yes it's akin to gambling. If you invest with a long-term purpose in low-risk, low/long-term reward stocks, such as blue chips with dividends then it is not akin to gambling. Of course, however, all investing comes with risk attached.
|
Unfortunately since day trading really became huge with the public at large, there are just too many people out there who think of the stock market as a way to get rich quick. Long term investors (who believe that stock price should actually be related to expected future payouts) are few and far between.
Many 'investors' nowadays would be better off playing blackjack with their extra money. At least then they wouldn't be under the delusion that they're experts about anything real, or even worse, be able to sucker somebody else into losing money, too.