Integrated Financial Training: Westchester NY

Empowering you to Manage your Money and your Happiness



Investing vs. Gambling

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Investing vs. Gambling - Greed for that which causes happiness is good. Greed for that which causes misery is bad. May we all know the difference...Many articles discuss the difference between investing and gambling. But they don't always cut to the root of the issue so you can be certain to avoid all self defeating behaviors. The crux of the issue is the intent underlying the investing decision. Secondarily, we need to address whether our decision process is skillful.

Healthy Investment Process - Rubbing two sticks together intensely to cause a fire will not work if you will burn out first...but a small continuous dripping of water can bore a hole through a boulder. Patience and light continuous efforts prevail...Once we know what we should and should not do, we can go back and look at standard investment processes used by advisors and market pundits to understand which will produce benefits and which is harmful. Skillful investment processes focus on small improvements in returns over long periods of time. Avoiding the large, obvious mistakes may be one sensible way to accomplish this. Fundamental analysis, or evaluating how much a company earns to determine how much we might earn in the future, addresses the objective of the investment process. Technical analysis only deals with the underlying price trends and ignores what the company does, so it is not skillful.

Putting it all Together - We have nothing to fear but fear itself...and the fear of fearing fear itself...and the fear of fear of fearing....The point of studying this material is not just wealth accumulation or destruction, but understanding the impact on your serenity day to day so you can make sound judgments.


Legal - The purpose of this site and all services offered are educational in nature and not to provide any investment advice, planning or recommendations of any securities. The purpose is to educate you to make your own financial decisions, or prepare you to evaluate your financial advisors with confidence so you can gain trust in the services they provide.




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