For me, stock market is less risky. Why did I say that? Simply because you know where your money is going. You put your money into a company that has been going around for decades maybe. It is much easier to predict when the products and services are all physical and are all open to public. For example, you invest your money in a food corporation. You know that you won't lose because damn, that's food we are talking about. It is a necessity and people will spend a penny for it. When people patronizes whatever product the company you invested in has, then your money will grow.