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2 thoughts on “Old saratoga coin”
Hi Cloudy Palms you're right there's no clear risk cutoff that says one asset is a gamble and another is an investment. But personally, I consider anything which is much more risky than, say, a developed market equity index to be gambling. Equity markets certainly don't come with a guarantee that you won't lose out and neither do "safe" assets like US government bonds. But investment is always a tradeoff between risk and return and some assets, such as cryptocurrency, are too risky to be included in the core of investor portfolios. Thanks, Ramin.