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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down


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Thursday, 17 September 2009

Gambler's Losses and Investor's losses

When a Gambler goes to Casino with $50K to gamble, he knows that due to bad luck he will lose all his $50K. The Gambler can live with the $50K losses. He knew it. It can happen!

But, when an Investor goes to Stock Market with $50K to invest, he will never expect that he will lose all his $50K. If the Investor ever lost $50K in the Stock Market, he may not be able to take it. He may be traumatic about his losses.

Gamblers know their losses while Investors are shocked by losses. See difference.
Posted by Createwealth8888 at 20:42
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