![]() ![]() In a game that is mostly based on luck, just ‘hoping’ isn’t enough. When you gamble, you are hoping to be a part of the tiny percentage of people who actually beat the odds. This means you are taking on a massive amount of risk simply by playing the game. In gambling, there is a winner and a loser every time, and the odds are always in the house’s favor. ![]() Gambling is the exchange of money from one person to another with the winner taking advantage of the loser. Investing is about playing the long game and building wealth over time with the odds on your side. ![]() Gambling is all about the short-term and trying to beat the odds. If I’m being honest here, it irks me every time I hear these two words interchanged because of just how different they are. It’s commonplace today to hear people say investing is just gambling on the stock market. ![]()
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