EPS 115 | The sharemarket is nothing like a casino
Oct 24, 2023•10 min
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Episode description
One of our least favourite sharemarket analogies is when it’s said to be just like a casino. While some traders might treat their portfolio like a sports betting account, for genuine investors this comparison couldn’t be further from the truth. You might get lucky a few times at the casino, but the more you play the greater your chances of losing. In contrast, when it comes to investing in the sharemarket, the longer you stay the better your odds of success.
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