[su_quote cite=”Muhammad Ali”]Life is a gamble. You can get hurt, but people die in plane crashes, lose their arms and legs in car accidents; people die every day. Same with fighters: some die, some get hurt, some go on. You just don’t let yourself believe it will happen to you.[/su_quote]
Future is fascinating because it is unknown to every one. Every decisions, no matter big or small, can lead to very different outcome.
These are obviously known as gambling to most people:
- Buying lottery.
- Playing casino games.
However, IMO, these are also gambles by nature:
- Joining a company as an employee without aims.
- Creating a startup company.
- Implementing a marketing plan.
- Playing poker.
- Equity Trading.
I personally classify these as investments:
- Learning and equip yourself for future.
- Devoting yourself to a clear career path.
Most people think that trading is an investment
http://iheartwallstreet.com/2012/03/13/life-is-a-gamble-are-you-all-in/