- Gambling is quite the opposite of investment. Typical examples are horse races, card games, lotteries, etc.
- It consists in taking high risks not only for high returns, but also for thrill and excitement.
- It is unplanned and non scientific
- In gambling artificial and unnecessary risks are created fro increasing returns
- But an investment is carefully planned, evaluated
- Allocate funds to various investment
- Concentrate on safety
- Expecting moderate and continuous return for increasing the returns
Model questions
What are the characteristics that an investor would like to have in an investment option? Explain each of these characteristics.
“investment is well – grounded and carefully planned speculation” .Discuss