Re:Investing Is More Luck Than Talent
by YZF on Saturday January 21, 2017 @06:27PM
(#13452696)
When you go to the casino and put $100K on red on the roulette that's speculation. When you use the $100K to go to college and get an engineering degree that's an investment.
There's no guarantee your investment will yield a reward but there's a better probability than gambling (let's just say better than 50/50 for that matter). An investment is putting money towards something that has a good probability of yielding a return, be it your education, renovating your house, a new car, shares in Coca Cola, or US government bonds.
There's no guarantee your investment will yield a reward but there's a better probability than gambling (let's just say better than 50/50 for that matter). An investment is putting money towards something that has a good probability of yielding a return, be it your education, renovating your house, a new car, shares in Coca Cola, or US government bonds.