When Investing Turns Into Gambling
Episode description
Do you know the difference between saving, investing, and gambling? While saving and investing are co-mingled, they are really just a form of gambling. In this case, gambling is defined as taking a risky action in the hope of a desired result. Saving doesn't provide much return so people feel the need to invest or even worse gamble. Most people aren't saving much, they invest before saving (think retirement accounts), and many invest in things they don't know or understand (more like gambling). Schedule a call with me today to help understand if you are saving, investing, or gambling with your wealth. My goal is to help you create the freedom of life to have options to do what you want, with who you want, and when you want.
Highlights
- 00:49 Exploring the gambling industry during uncertain times
- 02:31 The differences between saving, investing, and gambling in your personal finances
- 03:47 Investing vs Gambling: The risks and rewards
- 09:18 Tips on how you can get a head start with investing
- 12:18 Exploring investment opportunities: A guide to financial freedom and control Episode Resources
- Connect with Tom Suvansri
- https://perennialpride.com/
- https://www.facebook.com/perennialpride/
- https://twitter.com/perennialpride
- https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
Call to Action Schedule a Call with Tom
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