The Stock Market or betting on sports? Given the volatility of the market lately, I'm beginning to think sports . . . I realize that over the long term, the market is usually a sure way of making money. Wagering on Sports - for the majority of people not such a sure thing. Still - you can't tell me that a lot of these brokers/financial advisors aren't gambling with money. I would think that many brokers/financial advisors don't know the future of the market all that much better than a sports bettor knows the outcome of a particular set of games. If you're going to invest in a stock or mutual fund, you do the research, you look at trends, other variables, and if you put some money down you hope that you turn a profit. Isn't it the same thing with sports capping? You do the research, you might check trends as well as other variables and once again if you put some money down you hope that you turn a profit over the long term. In both cases you are playing the percentages. In both cases, some skill is requred in order to be successful. So why is one legal and the other - not? At least in the USA.
The answer is it takes knowledge for both.
But the upside is much greater in the stock market.
No such thing as a billionaire sports bettor.
But there are dozens of billionaire stock pickers.
but you will get killed in both if you dont know what you are doing.
But the upside is much greater in the stock market.
No such thing as a billionaire sports bettor.
But there are dozens of billionaire stock pickers.
but you will get killed in both if you dont know what you are doing.
Dont speak from your own perspective.
That would be like asking Lebron James which sport is easier to play. Football or basketball.
The Market is a rigged game..Gekko was right if your not inside your outside.. The Dow Crossed 10,000 10 years ago and before this year is out it will be at 10,000 again.. It's legalized gambling and they have all these talking heads on TV spouting there Picks Just Like Feist and Friends used to Do Saturday Mornings..
