I participated in the Carnival of Personal Finance this week, and kmull who hosted had a very interesting comment about my Extreme Trading post. It made me ask the question today, is stock trading really a game?
The comment left was, "The author argues that if you put in enough effort, you can 'play the game and become rich.' I disagree solely on the basis that investing is not a game to play. It is not betting."
If stock trading is not a game, then what is it? When you invest in a stock, you are betting one way or another that a stock is going to move up or down. Am I really off on this one? Poll is below (RSS Readers you may have to click through to vote). Please share any comments as well, I am interested to hear your thoughts.