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#1
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While I agree it is gambling, all investing is a 'gamble'. But the stock market is not classified as 'gambling' like going to the boat, racetrack, casino, or your poker game is. I personally consider the stock market as investing. Just like I consider carefully calculated wagers on something like a race horse or a sports team. If I put $100 on the Mariners when I am out in Vegas, I am doing it to 'gamble' and watch the game. But when I put dimes on the Cubs against the White Sox, it was an investment becuase I had a huge read on how they were playing, and knew the Cubs would sweep them. Matter of fact, and this obviously can't be confirmed, but when I was in the WSOP, I asked my table if anyone knew where I could find odds on the Cubs sweeping the White Sox that weekend. |
#2
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As for your talk about attitude, I am not the one that has done a complete 180 like you have recently. Totally changed, for the worse |
#3
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![]() A Team
__________________
All I want is when I die, and I go to heaven and I'm being judged is for Jesus to say to me, "Well Done Good and Faithful Servant." |
#4
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![]() This is a great thread to me because it has to do with money management and that my friends is where I have my biggest troubles. Often if I flat a horse, I will back it up with some exactas underneath. When to flat and when to put on top of exactas has always been a tough situations for me.
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#5
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![]() YO I am a small time gambler and can prove it. My wife has seen my action and can tell you that I have burned at least 3 grand this year and will lose another 2 before it's over this year. I bet to win and win only for the action and to reduce my chance to hit a big one and have some real money to bet. God I love this game. The stock market hasn't been a gamble for me. My money has been in UTC and BofA since the early 80's.
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#6
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#7
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__________________
"Change can be good, but constant change shows no direction" http://www.hickoryhillhoff.blogspot.com/ |