I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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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

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Value Investing
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Tuesday, 29 September 2009

Gambling?

I think the only big difference in Gambling vs Speculation or Investing if you are ONLY allowed to either WIN or LOSE per transaction and you don't have the option to HOLD if the position goes against you. That is definitely GAMBLING.

E.g.

Contra Trading can be considered as Gambling if some one has no resources to fully pay up for the transaction and the only option is either WIN or LOSE.


Read on for more ...


http://createwealth8888.blogspot.com/2009/09/gambling-investment-speculation.html
Posted by Createwealth8888 at 09:54
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