Theme:
- On 5th August 2024, following the release of a report indicating that the US unemployment rate increased to 4.3% in July 2024, stock markets crashed globally, including those in the US, India, and other major markets. In a single day, investors in the Indian stock market experienced a loss of ₹15 lakh crore.
Is the Stock Market similar to gambling?
- Gambling is based on luck and chance, and it does not contribute to economic growth. But, when it comes to the stock market, with proper knowledge and understanding of the market, investing in stocks contributes to economic growth by providing capital to businesses.
- Without a good understanding of the market, investing can be like gambling with money. Knowledge and research are a must for investing in the stock market.
- Stock market is often considered as a long-term investment strategy. But these days, many people, especially youngsters are considering the stock market as fast money due to the influence of unregulated finfluencers (financial influencers) and losing their hard-earned money.
- Warren Buffett, widely regarded as one of the most successful investors of the 20th century, has commented that markets today exhibit more casino-like behaviour compared to the past.
Conclusion:
With proper knowledge and understanding, investing in stocks can contribute to economic growth by providing businesses with the capital they need to expand and innovate. This, in turn, can create jobs, drive technological advancements, and boost overall economic development. But without the knowledge of how the market works, investing in the stock market is just gambling with the money.
Your Turn…
Do you think the stock market is like gambling? What are your thoughts on this topic? Express your point of view through the comment section below. Subscribe to our blog to read trending GD topics.
References:
- The young investors gambling on Indian stocks
- Warren Buffett Says the Stock Market Is Like a Casino — Investors Should Resist ‘Foolishness’
Copyright @ Group Discussion Ideas.
In my view, gambling and stock marketing are different but not that much both requires risk but knowledge of business and stock market makes stock marketing different from gambling. Stock marketing is certain for people who have the knowledge about the future of the company and how to invest and buy shares but it can be uncertain like gambling for the people who don’t know-how and when to buy shares,. If I take the example of Warren buffett, wizard of stock market, chairman and CEO of Berkshire Hathaway company he is one of the richest man in the world, he applies his knowledge of business and stock in investing and buy shares which made him rich and there’s is another example Radhakishan Damani he’s an Indian investor. He was a dalal street investor and now he owns D Mart.
So, the conclusion is, with the proper knowledge of stock market and business, stock marketing can be certain and people know when to invest and earn profits.
According to me stock market different from gambling if you purchase share from different media before purchase share provide all detail given by indl but ind inveSt in gambling no any data share by people so we can say that this is different from stock
According to me stock market is similar to gambling, it’s peoples addiction. Sometimes they make loss and sometimes gain. When they purchase some shares may be that time market costs less and when market costs high they sale their shares and makes profit but sometimes they purchases huge quantities shares in a hope when market costs will high they will sale their shares and make profit but if market costs will not high , shares costs is getting less and less and that time they incurred huge loss. It’s luck , when luck favour they make profit but sometimes they incurred huge loss . So share sales and purchase like a gambling.
In my point of view, it may be gambling because many lake of things, we buy in execess and in high price but after some time price decrease, in this case stocker take a loss.