This post comes from partner blog Blueprint for Financial Prosperity.
I'm a fan of casinos. I don't know whether it's the pumped-in oxygen, the bright lights, the sounds of excitement and joy, or the free drinks flowing throughout, but I love going to casinos.
Sometimes I win, sometimes I lose, but I almost always have a good time putting my hard-earned money on a felt table and seeing if it'll grow and multiply. When I go to casinos, I usually take a set amount I'm willing to lose -- say a few hundred bucks -- and then I enjoy myself.
I understand that when I go to a casino, I'm there to have a good time. I'm not there to make money.
Sadly, the stock market is nothing like that. It involves pressing a few keys on a keyboard or clicking a few buttons with a mouse. The transactions happen with no fanfare, and there is often little anticipation.
Yet, if you try to time the market or day trade, you're essentially gambling. Why would anyone gamble if you can't at least get some free drinks out of it?
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