Comment on When does investing become gambling?
Kyle_The_G@lemmy.world 5 months ago
I’d argue investing is gambling with varying degrees of risk depending on what what you are putting your money into. Even if that risk is very low there is always a chance something crazy happens and you lose everything.
Takumidesh@lemmy.world 5 months ago
Ultimately it gets to the point of, is the risk higher than the risk of money in a bank account.
Given that (at least in the us) money sitting in a checking account is 100% risk with guaranteed negative returns (over time inflation will outpace interest), there are investments that can generally be considered safer (bonds, tbills, etc) than just holding dollar bills.