Is there a hard threshold? Do high risk investments such as penny stocks qualify as gambling? Do low risk investments? Annuities? Bonds? CDs?
This comment got me wondering.
Is it more to do with the venue? Stock markets and real estate vs casinos and the lottery?
Were the MIT Blackjack Team gambling or investing?
Is this just another semantic hotdogs are sandwiches discussion or is there an agreed threshold?
diversification is a proven investment strategy to minimize risk versus expected reward. the goal of investing is to try to achieve financial goals while minimizing exposure to losses. gambling generally doesn’t use goals or risk assessment or loss minimizing strategies. but im sure you could come up with definitions that blur this stuff.