No Stupid Questions@lemmy.world · 20 days ago

When does investing become gambling?

No Stupid Questions@lemmy.world · 20 days ago

Is there a hard threshold? Do high risk investments such as penny stocks qualify as gambling? Do low risk investments? Annuities? Bonds? CDs?

This comment got me wondering.

Is it more to do with the venue? Stock markets and real estate vs casinos and the lottery?

Were the MIT Blackjack Team gambling or investing?

Or Jerry and Marge Selbee?

Is this just another semantic hotdogs are sandwiches discussion or is there an agreed threshold?

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20 days ago
I’d argue investing is gambling with varying degrees of risk depending on what what you are putting your money into. Even if that risk is very low there is always a chance something crazy happens and you lose everything.

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