Quote from: bullioner on March 09, 2013, 01:51:25 AM

Quote from: RodeoX on March 09, 2013, 01:30:24 AM

Quote from: byronbb on March 08, 2013, 10:08:57 PM

Quote from: RodeoX on March 08, 2013, 08:19:29 PM

Investing is little more than a fancy word for gambling. Borrowing money to gamble is a bad idea. You don't want to find yourself here in a few weeks asking for a loan to "win it all back". Remember only speculate with what you can loose.

Dead wrong.

Then we disagree. I have been investing for 25+ years. Financial instruments, stocks, angel investing, land, even art. I do my homework and it has paid well for me. However every investment came with risk and no promise of reward.
It's like horse racing, some horses are likely to better than others, but no horse is sure to win.

Doesn't this just come down to people having different definitions of gambling vs investing? For some, investing means purchasing a productive asset to secure long term gains, whereas gambling means betting on a discrete outcome. For those using those meanings, they are indeed very different things. Investment still involves risk, of course.

I suppose we are on the same page after all. You are probably right about me being a little to loose with the word gambling.