2 ms·
No, it's not like gambling. Unlike in a casino, the returns and value of stocks are loosely coupled to the real economy. If stock values grow quicker than the
by konschubert 9y ago
No, it's not like gambling.
Unlike in a casino, the returns and value of stocks are loosely coupled to the real economy.
If stock values grow quicker than the economy, then we should expect a correction, because of that loose coupling.
Of course, markets can stay irrational longer than we can stay solvent, so I wouldn't try to time it.