Isn investing in individual stocks like gambling ?
When have you seen a gambling bet pay a dividend or split into two bets? How often have you seen someone hold on to a gambling bet for over 30 years and hand it over to his or her heirs? Yes, it is entirely possible to trade stocks frequently without any fundamental or technical analysis and that could be comparable to gambling. But investing for the long term after doing due diligence is essential for both wealth preservation (against the forces of inflation) and to grow your net worth towards the goals of financial freedom or retirement. Lets suppose you wanted to start your own business. Since only one in 5 new businesses survive or in other words 80% of new businesses fail, wouldn’t it be better to invest your money in a business that has already proven that it can survive and can generate free cash flow. Allowing your money to grow with a growing company can be a much safer strategy than attempting to start your own business. Understandably, if your business were to succeed, it wi