It is not gambling at all
Posted on: March 16, 2012 at 10:56:41 CT
Now, more than ever, we have information that everyone else has. In some ways we have it better, as we do not have the same amount of money that the big guys have, which allows us to be in only 10-20 stocks at a time, while the big guys have to be in hundreds of stocks. I have been investing for about 8 years, and I am averaging about 8%/yr return over those years...much better than the market....I only own between 8-15 stocks at any time, and I do no really go into the high high risk stocks. I have lost on some, and won big time on some. I get 100 free trades per year on my account, so basically do not pay commissions, and you would have to pay taxes either way anyways.