Is investing gambling?
“Risk” is a severely misunderstood word, especially in relation to investing, although I don’t believe that there’d be any misunderstanding about the risk element in going over Niagara Falls in a barrel.
I am unfamiliar with the game of poker but I understand that a “blue chip” is commonly the most expensive gambling chip used in that game.
That’s an unfortunate use of terminology because it suggests that buying shares, especially “blue chip” shares is like visiting a casino and therefore by definition, constitutes gambling. Gambling is not one of the traditional “seven deadly sins” but in its most aggressive, addictive forms is as destructive as alcoholism or drug addiction.
Death and taxes are supposed to be the only CERTAINTIES in life but anyone who avoids investing in the share market because it’s too risky is giving up on life.