Every now and then I have to explain to prospects or clients that I don't run Gary's Casino. Lucrative as it may be for "the house" to shuttle excited "investors" in and out stocks of dubious value and high risk, for most "investors" this path is often a sucker's game.
Make no mistake, there is a huge difference between investing and speculation. There's an even bigger difference between investing and gambling.
What is Investing? - InvestorGuide University: "The idea behind investing is that money is put to use in such a way that it is likely to turn into more money. This could happen because someone is willing to pay interest to use the money or because the value of whatever security the money was used to buy increases during the period of ownership. Destinations for invested money include savings accounts, stocks, bonds, mutual funds and numerous other investment options." Read more of this guest article.
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