money-stocks: 8 Signs you're a gambler and not an investor

There is a great difference between a gambler and an investor. There are people who invest in the stock market and there are also people who gamble in the stock market. We've heard of people who accumulated huge amounts of debt or went bankrupt just because they gamble. Do not be surprised that many people gamble in the stock market but they think they are investing.

Signs that you're a gambler and not an investor

1) You think of gambling as an investment

Investing in 4D and TOTO? How can it be investing when the odds of winning are always not with you? The probability of winning is probably just 0.001%. In case you didn't know how low is that, look at your bank interest rate. Somehow they are similar. Maybe even the banks gives a higher percentage.

2) You want to fire your boss when you strike it rich

Hate your boss and want to resign from your company when you strike that 1 million TOTO? Gamblers want to make money and make it fast. They think humans can fly. Investors know humans have to walk up the stairs slowly.

3) Out of so many people, you believe you're the lucky one

There are millions and billions of people out there. Somehow, gamblers think they can defy the odds and be the lucky one. Hundreds and thousands of people queue up to buy 4D but there are only a few winners. These people queuing up must be invisible to them.

4) You love tips

Fancy a lucky number tip or stock tips? Gamblers want to know which is the next hot number or the next hot stock. They strive to find out where is the lucky store which sells lucky 4D. Somehow when a store has a big winner, long queue forms up at that place after that. This brings me to the next point....

5) You love to follow the crowd

HOT, HOT, HOT is what you love. When everyone is buying it, how can it be wrong right? But you're indeed wrong. Seems like the crowd is always wrong. This is why only a few are rich but most are poor.

6) You buy more when prices goes up

You buy even more 4D and TOTO numbers when there is a 8 million draw. You buy a stock when the prices have already gone up very high. You buy a property when prices are at record highs. Well, i'm just talking about your neighbour next door. I hope so.

7) You cannot imagine what will happen when you strike it rich

How do you use your money when you have 1 million dollars? How does it feel like to instantly have 1 million dollars? A gambler has no plans for money and will not know what to do with his money. Even when they strike it rich, most lose it in a short time. This is why humans who fly will fall also. They must have forgotten that an apple on a tree dropped on Netwon's head. Newton's law states that what goes up must come down. This is why humans must climb stairs and not fly.

8) You like fun and excitement

You hate your boring job and your boring life. Fun and excitement is what you look for. Is the stock market fun to you? Becareful, you may be a gambler instead of an investor. Remember, an investor does not fly. He walks up the stairs which is plain boring and tiring too.