VladStocks: The Difference Between Gambling and Investing (Part 4)
In this VladStocks clip, DJ Vlad breaks down the differences between gambling and investing. Many of us might be told that the two actions are basically the same thing. However, he points out that with gambling you are always all-in and never have the chance of pulling your money out like with investing. Also, he talks about the importance of ownership and how this makes investing a more attractive option for some people. Finally, DJ Vlad discusses the value of time and accountability when you invest in stocks, something that gambling does not offer, and uses the example of part-ownership in a basketball team like the Golden State Warriors to make his point.
To hear more of what DJ Vlad had to say, hit the above clip. And for more Knowledge, click here.
Disclaimer: DJ Vlad is not a financial advisor. Posts for entertainment only – don’t rely on for financial, tax or other advice. Get your own financial advisors. Do your own research. Make your own investment decisions.