Originally Posted by babetoo
i also equate the stock market and gambling the same way. only if i could afford to just throw money in the street, would i invest in either.
Then how is your money invested? Precious metals? CD's? Annuities?
I'm sure we all try to diversify but the stock market always plays a major role, whether you're in it for short term or long term.
As far as gambling goes, I keep some "gambling" money at a brokerage firm where I can trade stocks on-line, everyday, if I wish to.....but that's money that I can afford to lose.