I gotta disagree that the stock market is inherently gambling. If an investor does their due diligence, looks at the fundamentals of a company, and makes an informed decision to invest, they are very likely to see some sort of return on that investment.
Unfortunately, we’re deep into “vibe investing” territory now, where stats like P/E ratios no longer seem to matter to either institutional investors or many casual investors. Where people are dumping their money is now disconnected from where it’s wise to dump money
So, not unlike sport gambling. You study the teams, their forces and weaknesses, their history, and make the informed decision to gamble. It’s still gambling.
The stock market is gambling.
“SpaceX gamblers in meltdown over not having a winning bet.”
Yeah, they WISH it were like gambling…but it is fraud, insider trading and stock manipulation.
I gotta disagree that the stock market is inherently gambling. If an investor does their due diligence, looks at the fundamentals of a company, and makes an informed decision to invest, they are very likely to see some sort of return on that investment.
Unfortunately, we’re deep into “vibe investing” territory now, where stats like P/E ratios no longer seem to matter to either institutional investors or many casual investors. Where people are dumping their money is now disconnected from where it’s wise to dump money
So, not unlike sport gambling. You study the teams, their forces and weaknesses, their history, and make the informed decision to gamble. It’s still gambling.
I think it comes down to
ETFs are generally better, especially if you don’t touch them for a long time.
Giving your money to an unregulated Wall Street organization is never “Better.”