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47: The Stock Market is not a Casino
Manage episode 406609118 series 3525109
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In this episode of The Decade Investor Podcast, Kolin talks through data to prove that the stock market is not a casino. Kolin looks at historical data to see if the stock market has the same odds as a casino. When you walk into a casino you know that the odds are not in your favor. You know that the odds of losing money are high. Sadly, some people think the stock market is the same as that. Truth is, the stock market is not a casino. If you think long term, the odds of making money in the stock market get better and better the longer you stay invested.
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