Your Money Minute Sports Betting Is Not Investing 11/3/25
Nov 3, 2025
This podcast explores the crucial difference between gambling and investing. It highlights how mixing prediction markets with traditional investing can mislead individuals. The conversation dives into apps that blur the line by offering both sports betting and stock trading, raising red flags. Listeners are urged to grasp the concept of compounding in investing versus the consumption mentality of gambling. It's a deep dive into the complexities of modern finance and the importance of financial literacy.
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Investing Vs. Gambling Are Not The Same
- Many young people treat investing like gambling when apps mix prediction markets or betting with stock buying.
- Ron Kruszewski warns that blending them confuses education and harms financial understanding.
Focus On Compounding, Not Consumption
- Learn and apply compounding rather than chase short-term bets.
- Avoid treating gambling as consumption if you want to become a good investor.