No Stupid Questions@lemmy.world · 5 months ago

When does investing become gambling?

No Stupid Questions@lemmy.world · 5 months 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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5 months ago
I dealt craps for years.

Knowledgable gamblers routinely hedge their bets.

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