Gambling versus Investing. What is the difference between gambling and investing? скачать в хорошем качестве

Gambling versus Investing. What is the difference between gambling and investing?

Gambling versus Investing - What's the difference? Afterall you can win a lot on the horses and lose everything on the markets. So is there a difference? Let's find out!! We know intuitively that there is a difference between these two activities. One has connotations of high risk, while the other is safer and longer term. But on its own this difference may not be enough to distinguish between the two. My favoured definition involves 4 aspects. Meet 2 or more of them, then I would consider it gambling. If only 1 or none are satisfied then its an investment. Timestamps: 0:00 Introduction 0:25 Timescales 1:46 Movement from low risk to high risk 2:03 Proportions 2:27 Jeopardy or Risk 3:09 My Formula 4:50 Summary Please feel free to add to these in the comments section. Afterall, we all learn from each other.