Comments on: Is the stock market legalized gambling?

By: scarlet tears

scarlet tears — Mon, 16 Nov 2009 15:25:29 +0000

Shares are just parts of companies. if you own a share, then you own part of that particular company. if the company's value goes up, then the amount of money you are entitled to when you sell it to another trader goes up. it is far easier to predict the rise and fall of companies that are on the wrong or right track, than to predict the roll of dice.
in grade two, i still begrudge my mother for not listening to me when i warned her to sell her petrolium fuel shares, in which case we would have gained $500. she didn't get out fast enough, and so we only ended up with $100. i knew it was going to become a bear market when the news said "we're on a short fuel supply".
if you know what your doing, it isn't gambling.

By: scarlet tears

scarlet tears — Mon, 16 Nov 2009 15:16:04 +0000

there are certain trends in the stockmarket. If you have no idea about these trends, then yes, it might as well be gambling, but if you can discern between a bull market and a bear market, then you will have an advantage over those who have no clue.

By: Jared

Jared — Sat, 14 Nov 2009 02:00:41 +0000

Yea, but not sports right?

By: Jared

Jared — Sat, 14 Nov 2009 02:00:23 +0000

Thank you for sharing us a statement with no thoughts on why it isn't whatsoever.

By: papadawg

papadawg — Thu, 12 Nov 2009 06:53:20 +0000

Oy Vay!

So, how do YOU want to save up for retirement? Let the government decide? Or invest your money in safe and slow growth stocks? Or maybe bury it in the backyard under the parsimonious tree?

Juat asking . . . :p B)

By: LordTiberivs

LordTiberivs — Thu, 12 Nov 2009 03:18:42 +0000

Also, gambling is legal in this country. In a casino, in the stock market, at race tracks, provided you are over 21 it's perfectly legal to gamble your money.

By: misty

misty — Thu, 12 Nov 2009 03:04:21 +0000

no………..it isnt.

and ill take cash please:p

By: Jared

Jared — Thu, 12 Nov 2009 02:13:04 +0000

What do you say Andrew?

By: Andrew Clunn

Andrew Clunn — Wed, 11 Nov 2009 18:13:48 +0000

I've got $20 that says that most people here will vote yes.

By: Sal

Sal — Wed, 11 Nov 2009 18:08:20 +0000

It isn't different!