Money Tips 101: Is Playing the Stock Market Gambling?

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Is it gambling to play the Stock Market?

Yes and no. If you have no to little experience and you will be doing trading
to “get rich quick”, then yes it is gambling. If you are patient and are in it
for the long run, meaning years and even decades, then no it is not gambling.

With that being said, there is ALWAYS RISK INVOLVED and the possibility of you
losing money, whether being a trader or a long term investor, and you should
always do your own research and due dilligence.

Investing does take knowledge, experience, and a lot of research. In other words,
it is hard work. While long term investing minimizes your risk, you still need to
know what you’re doing and always have a plan.

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become more successful and independent.

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