Comments on: Do you gamble when you invest? http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/ Investing for beginners Wed, 19 Nov 2008 22:27:00 +0000 http://wordpress.org/?v=2.6.2 By: moneyrelations http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-3462 moneyrelations Wed, 04 Jun 2008 23:45:58 +0000 http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-3462 What can I say, I like to have my ego stroked. Flattery will get you a long way with me ;) What can I say, I like to have my ego stroked. Flattery will get you a long way with me ;)

]]> By: deena http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-3458 deena Wed, 04 Jun 2008 08:40:20 +0000 http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-3458 Its a very good site. I gone through your site. It is a nice article for beginners who wants to invest their money. It will help a lot to them. I really like your ideas and all. ---------------------- Deena Highly relevant, efficient advertising to forum, blog, wiki and other types of web sites. Drive large number of visitors to your website and build quality links. http://www.widecircles.com Its a very good site. I gone through your site. It is a nice article for beginners who wants to invest their money. It will help a lot to them. I really like your ideas and all.
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]]> By: moneyrelations http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-1700 moneyrelations Mon, 21 Jan 2008 03:43:57 +0000 http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-1700 Hey Leon, Thanks for the comment. True, nothing is ever guaranteed but you can diminish your risk. That was the only point I was trying to make - use your skill, manage your money, walk away with profits, and keep a cool head. :) Hey Leon,

Thanks for the comment.

True, nothing is ever guaranteed but you can diminish your risk. That was the only point I was trying to make - use your skill, manage your money, walk away with profits, and keep a cool head. :)

]]> By: Leon http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-1671 Leon Sun, 20 Jan 2008 11:04:53 +0000 http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-1671 Well, investors gamble in the sense that they cannot be 100% sure of the return on their investment, regardless of how much research they do. Well, investors gamble in the sense that they cannot be 100% sure of the return on their investment, regardless of how much research they do.

]]> By: moneyrelations http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-1660 moneyrelations Sun, 20 Jan 2008 04:53:19 +0000 http://www.moneyrelations.com/2008/01/18/do-you-gamble-when-you-invest/#comment-1660 <p>Hi guys,</p> <p>Yes, I do see a parallel between trading and poker and that's why I put the article up.</p> <p>The truth of the matter is, there are a lot of naysayers in both professions. That is understandable as not many people have the discipline to walk away and make good decisions. There is such a thing as trading too much and I'm thinking the same thing applies in poker.</p> <p>A lot has been said about behavioral finance and the emotions behind it. In poker, I think there's a term called "being on tilt"? Making bad decisions after a bad beat. </p> <p>Very, very few people can match the skill without the emotions. </p> <p>Like Chris said, the smart ones in poker can parlay their name in other business ventures. I think trading can be a good investment strategy along with the more traditional buy and hold or indexing strategies. At least, that's all I'm capable of right now since I don't want to be "dead money".</p> Hi guys,

Yes, I do see a parallel between trading and poker and that’s why I put the article up.

The truth of the matter is, there are a lot of naysayers in both professions. That is understandable as not many people have the discipline to walk away and make good decisions. There is such a thing as trading too much and I’m thinking the same thing applies in poker.

A lot has been said about behavioral finance and the emotions behind it. In poker, I think there’s a term called “being on tilt”? Making bad decisions after a bad beat.

Very, very few people can match the skill without the emotions.

Like Chris said, the smart ones in poker can parlay their name in other business ventures. I think trading can be a good investment strategy along with the more traditional buy and hold or indexing strategies. At least, that’s all I’m capable of right now since I don’t want to be “dead money”.

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