Gambling Versus Investing
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 8 April 2023
⏱️ 25 minutes
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| 0:00.0 | Here's the beauty of the stock market. |
| 0:02.9 | This is why people call it the greatest money making engine ever. |
| 0:08.2 | And it's because if you're a mediocre or average stock market investor, you can expect |
| 0:13.5 | about 10% a year minus fees. |
| 0:15.8 | That's why you want low cost index funds. |
| 0:18.6 | With no work through those index funds, you can be a crappy investor and still make positive |
| 0:26.2 | returns. |
| 0:30.2 | I'm Dylan Lewis and that's the Motley Fools on InChocovulu. |
| 0:34.0 | If the difference between gambling and investing is obvious to you, then you're in the minority. |
| 0:38.8 | Ricky Movy caught up with Chocovulu for a deep dive on the differences, similarities, |
| 0:42.8 | and gray areas between gambling and investing. |
| 0:45.3 | Why small investors can win from the games that Wall Street traders play and what investors |
| 0:50.2 | can learn from gamblers. |
| 0:52.2 | I think there's an assumption that many would say, oh, I know the difference between investing |
| 1:02.7 | and gambling, but that distinction is not that clear and I think it's worth kind of doing |
| 1:07.7 | a deep dive into the difference between them and why it's important. |
| 1:12.2 | Very excited for this, Ricky. |
| 1:13.2 | Yeah, there's a lot of gray area here and we're going to explore all of it. |
| 1:17.1 | To me, I define it is gambling represents an all or nothing bet on an outcome with a |
| 1:24.2 | defined expiration time. |
| 1:26.4 | So a slot machine sports betting, Blackjack even poker fits into that because you're placing |
| 1:31.8 | an all or nothing bet that your cards are better than your competitors, even though it may |
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