I agree with what you are saying. By definition the two
are one in the same. And it doesn't matter whether all of your dollars are being co-mingled everyday with the NYSE or through the wagering pools of your favorite racetrack. It is all gambling.
Some are better risk takers than others, though in living each day, one has to know when to use speed, and when to apply the brakes.
If you have no ability to slow and apply the brakes, you'll live your entire life from hand to mouth, trying to keep something in the account, hoping you end each month--with more money than month.
Many do not, they spend most of their time one step ahead of their creditors, never able to achieve beyond their addiction. There has to be a degree of moderation in any endeavor where gambling is key. It's hard to accept, but I believe it true.
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Originally Posted by -BT-
IMO "CALCULATED RISKS" and gambling are the same thing, your still partipating in a game/pool of chance happenings. You can't be a Calculated risk taker and not be a "gambler",
-bt-
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