Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: HotHunt

“it’s like going to the roulette tables in Vegas. The odds are not in your favor.’

Actually investing is nothing like gambling. If you invest it and leave it alone for forty years the odds are you will make a LOT of money.


79 posted on 12/25/2018 8:48:11 AM PST by plain talk
[ Post Reply | Private Reply | To 77 | View Replies ]


To: plain talk
Maybe you misunderstand what I'm saying.

Our money was in the stock market for 40 years while we were working and investing. And in less than a month we lost half of it.

We had already retired and didn't not have any way to make up our loss of principal.

We're both in our 70s. We don't have another 40 years left to play the game again.

And I call BS on your claim that investing is not the same as gambling.

Whether you lose your money in the stock market or whatever "investment" you want to pick, or you lose your money playing poker, you still lose your money. The outcome can be the same.

81 posted on 12/25/2018 9:16:21 AM PST by HotHunt (Reagan was good but TRUMP IS GREAT!)
[ Post Reply | Private Reply | To 79 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson