"Investing is Like..."
Gambling
Why are they so similar?
- Gambling- is the act of betting on an uncertain outcome
- Investing- committing money in order to earn a financial return
- The definitions tell us that gambling is a higher chance of randomness and that investing appears to be more rational, but they are the same concept. The concept is that you are putting down money in hope of getting more back. There is no guarantee in either act making them even more alike.