What is the difference between gambling and finance?

0 ⤊

What is the difference between gambling and finance?

2006-09-05 05:41:44 · 2 answers · asked by Labo 1 in Business & Finance ➔ Other - Business & Finance

2 answers

The difference between gambling and investing is simple. Gambling, by definition, is a GUARANTEED LOSS given enough time. Thats because probability and time work against gamblers. Investing on the other hand will result in a decent return given enough time. Gambling depends on chance while investing depends on wealth creation.

2006-09-05 05:57:00 · answer #1 · answered by Toweram 1 · 0⤊ 0⤋

If you gamble you probably will no ever see the money again. If you put your money in a savings account you will have money.

2006-09-05 12:45:52 · answer #2 · answered by wishuponstarson 2 · 0⤊ 0⤋