One makes you feel cozy. The other makes you feel afraid. One makes you feel like you have control. The other makes you feel like danger is always lurking. One adds money to losers. The other cuts losers quickly. One makes you feel part of something. The other makes you feel more on your own.
I really enjoyed that! I’ve often wondered why people try to differentiate between investing and/or trading. Like you said , it’s like “investors “ always seem to think their money is safe for some reason?
Yes, I believe "investors" feel "investing" gives them a feeling of control. They feel that if they can just find the right companies that all will be well. They routinely forget that the company does not equal the stock and that a "good" company's stock can experience extreme losses from time to time.
Good one Michael! I cross-posted!
Thank you, Tom. I appreciate it. Just had to get some of these off my chest.
Nice.
I really enjoyed that! I’ve often wondered why people try to differentiate between investing and/or trading. Like you said , it’s like “investors “ always seem to think their money is safe for some reason?
Yes, I believe "investors" feel "investing" gives them a feeling of control. They feel that if they can just find the right companies that all will be well. They routinely forget that the company does not equal the stock and that a "good" company's stock can experience extreme losses from time to time.