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Re: How do you explain to someone that investing in the stock market is not gambling?

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Zara858 wrote: Fri Jan 19, 2024 7:12 am In my opinion, investing is a proactive and thoughtful approach to building financial stability and wealth, while gambling is often more about chance and entertainment.
Hi! Yes, I totally agree with your thoughts, even though both of them need to take a risk with their own money. But in gambling, they can control it by themselves, as they can bet a specific amount that they want to spend on a game. :D :) 8-)

Re: How do you explain to someone that investing in the stock market is not gambling?

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Zara858 wrote: Fri Jan 19, 2024 7:12 am In my opinion, investing is a proactive and thoughtful approach to building financial stability and wealth, while gambling is often more about chance and entertainment.
in my opinion you should Emphasize that investing is involves thorough research and analysis unlike in gambling where outcomes are often based on chance also you should be carefully study the companies and market trends so you can have peaceful financial data before making decisions.

Re: How do you explain to someone that investing in the stock market is not gambling?

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Zara858 wrote: Fri Jan 19, 2024 7:12 am In my opinion, investing is a proactive and thoughtful approach to building financial stability and wealth, while gambling is often more about chance and entertainment.
Absolutely agree! Investing is all about strategic decision-making based on research and analysis, aiming for long-term financial growth and stability. It involves thoughtful planning and a calculated approach to managing risks and maximizing returns. On the other hand, gambling tends to rely more on chance and luck, often driven by short-term excitement or entertainment rather than long-term financial goals.

Re: How do you explain to someone that investing in the stock market is not gambling?

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Zara858 wrote: Fri Jan 19, 2024 7:12 am In my opinion, investing is a proactive and thoughtful approach to building financial stability and wealth, while gambling is often more about chance and entertainment.
When it comes to investing in stocks, it's all about strategic analysis, careful planning, and making informed decisions based on company fundamentals and market trends. This is completely different from the random chance involved in gambling.

Re: How do you explain to someone that investing in the stock market is not gambling?

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Zara858 wrote: Fri Jan 19, 2024 7:12 am In my opinion, investing is a proactive and thoughtful approach to building financial stability and wealth, while gambling is often more about chance and entertainment.
while both investing and gambling involve taking risks, investing is generally seen as a more calculated and disciplined approach to managing one's finances, with the goal of achieving long-term financial security and growth.