A 2019 survey from Lendingtree.com found that 55% of Americans thought that investing was as risky as gambling. 72% of gamblers are currently investing in the market, whereas only 56% of non-gamblers are currently Investing. And 57% of gambling are active investors compared to 30% ofnon-gamblers.
A survey from Lending Tree found that a majority of Americans thought investing was just as risky as gambling. And sure, the stock market can be a casino, but it doesn’t have to be. Anand Chokkavelu and Ricky Mulvey discuss:
- The lines between gambling and investing, and when they get blurry. - Games that Wall Street traders play. - Positive sum, negative sum games, and how to know the difference. - How Uncle Sam helps investors more than gamblers. Host: Ricky Mulvey Guest: Anand Chokkavelu Engineer: Dan Boyd
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