06.03.2025
Investing, betting and gambling
How often do you gamble?
How often do you make educated bets?
How much of your money do you invest?
How different are these three?
When we invest, we make a bet on future performance.
When we gamble, we make a bet on a future outcome.
So where does investing end and gambling begin?
All investments have risk, some more, some less.
Can you afford to take no risk?