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/biz/ - Business & Finance

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52538743

Anonymous Sun Nov 20 23:47:05 2022 No.52538743 [Reply] [Original]

What's the difference between investing and gambling?

>>	Anonymous Sun Nov 20 23:48:12 2022 No.52538759 Investing: stocks, precious metals, real estate, bonds Gambling: crypto

>>	Anonymous Sun Nov 20 23:49:16 2022 No.52538775 File: 1.00 MB, 840x840, 892578963893363.png [View same] [iqdb] [saucenao] [google] >>52538743 investing is like gambling but with a negative house edge

>>	Anonymous Sun Nov 20 23:49:36 2022 No.52538786 >>52538743 Investing lets someone use your money for their business in a hope it creates wealth. Gambling is a game where you spend some money for a chance to win a larger amount of money.

>>	Anonymous Sun Nov 20 23:51:01 2022 No.52538807 >>52538743 Investing is when you do research, buy and hold because you think it will be profitable in the future, doesn't matter the asset class. Gambling is the opposite.

>>	Anonymous Sun Nov 20 23:54:57 2022 No.52538884 >>52538743 -Investing losses are tax deductible. -Investing income (dividends) usually also have tax deductions as well (franking credits)

>>	Anonymous Sun Nov 20 23:55:35 2022 No.52538890 File: 412 KB, 1271x691, ohio2.jpg [View same] [iqdb] [saucenao] [google] >>52538743 anon.................