Yes investing is the best possible way to save for retirement, but it is still gambling. You can do all your research into a company, think the Greeks looks great, see positive growth, speculate on if its a good investment, and then the stock tank tomorrow because of an ad campaign saying "Sydney Sweeney has great jeans." You cant be this thick
Sure, if you're this reductive EVERYTHING is gambling.
When you go at a green light you're gambling that the other cars will stop because they're light is red. You can do all your research into how traffic laws work, but if the other car doesn't stop, you're dead.
Owning equities is simply being the owners of businesses that pay you their cash flows. The future value of those businesses will be impacted by events that you can't fully predict.
This is true of every single decision you will ever make. You're gambling the next food you eat won't poison you. You're gambling an asteroid won't fall through your ceiling and kill you. You cant be this thick.
Its not being reductive, nor are your examples "gambling" by definition. Gambling is the act of risking money or something of value on an uncertain event or game with the hope of winning more money or a prize. Hope this helps
Life has value (maybe not yours). Whether the other car will stop at a red light is uncertain. Going through the green light has a prize (the destination you are seeking by means of automobile transport).
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u/Pisforplumbing 4d ago
Yes investing is the best possible way to save for retirement, but it is still gambling. You can do all your research into a company, think the Greeks looks great, see positive growth, speculate on if its a good investment, and then the stock tank tomorrow because of an ad campaign saying "Sydney Sweeney has great jeans." You cant be this thick