Comparing Equity Trading and Sports Gambling

[natesmith1984]

1st half and 1st 5 inning moneyline dogs is where it's at!!! Only risk 2-4% of your bankroll and always flat bet!!!

[natesmith1984]

1st half and 1st half moneyline dogs is where it's at!!! Only risk 2-4% of your bankroll and always flat bet!!!

[michael99887766]

What about major stocks or diversified funds though? Swings and roundabouts - you might wake up with your 3% loss, but chances are at some point, be it in a week, a month, a year, or two, you'll have a decent profit. You haven't lost anything until you sell, and, so long as you don't buy at a long term market high, and you have diversification on major, reputable stocks, you'll be fine. Even things like BP will be up again eventually.

On sports, if your team loses, all your cash is gone.

[ishanjohan]

i agree with you man...that's what i do too...i bet on sportsbook. uncle sam can't tax the winnings.



[montanadaytrader]

Keep up the good work, Truly we need more of you guys.

[rakebackincome]

replace your income here

[loai050]

Yes ,it's a game I agree ,but skill will get you further than luck I rekon. People should'nt throw money at it carelessly,that's why we watch your darling charts Derek -we're CAUTIOUS gamblers.

[xFatiguedx]

I feel safer playing the market because the market is built to go up after time even if it takes a long time not now of course because of the recession but was is gambling built on? luck always beats skill I play against women all the time ask them

[loai050]

Women are too cautious, men too confident- it's best when both work together to balance each other out. I bet based on data, my male buddy does no homework.,does fancy trades- I gain, he loses. It's best to be bet on a solid company or PM I find.Have enough patience to buy a solid stock low , it's not rocket science.

[endlessmountain]

So your playing skill? Is that how it works?

LOL, thats why stocks is the easiest game to win with skill (over poker)... Its a game... so many lose.. some people win. The house and pros and almost pros

[djb1945]

meant your comparison , sorry.

electric went out last night so working on 2 hours sleep and needed at least 6.

[djb1945]

you're comparison is fine but whats the point. Many people have become millionares or billionares buying stock...are there any of those in the sports betting business.

[1TheTruthChannel1]

thanks very good info.

[Crow4gold]

thanks for the videos. Hey, you need a smaller shirt. looks like a shirt for a giant. Take care...

[yboohcs]

Besides the spread in the stock market and pro sports they are rigged or fixed, fake to steal the average guys money. It's like the WWF it's fake when money at stake someone is on the take

[yboohcs]

rest fo comment: Long cash and real estate stay that way

[detroitgreeks]

Good vid too !

[detroitgreeks]

I don't trade stocks nor do I bet on sports...Am I just cheap or am I a "prema bear" Go Tigers!

[yboohcs]

Derek great video. I wanted to share advice I got from a friend and I have learned to trust what he says. I would not be long on gold or silver at these levels. Cash isn't bad you don't have alot of currency risk inherent in your furture expences, so long USD with potentially depreciating assets means you come out ahead. Inflation is a low risk and should be a small part of your expenses. Equities are due for a correction from current levels so if you have free cash that could be a play.

[taineasy]

Inflation adjusted gold and silver are at extremely LOW levels. China has set a Floor on gold at $995 and are buying all they can get below $1000 in preparation for the collpase of the US dollar. When the US dollar collapses all fiat currency will be affected and may have to be devalued i to to continue trading with the US. All of the Brick countries are buyers at these levels. When the market corrects gold will dip due to rush into US dollars but this is temporary.

[howitzer24]

With stocks you're investing into a company and possibly getting a dividend. With sports betting you're laying down a bet on the table.

I'd choose sports betting because there are no fees if you do it online and research is fun and easier.

[cdmcl3]

outstanding vid, Derek. something of a public service for many. but i hope no one ends up caught with laws against bets on football, etc., etc., a point you touch on only en passant.

best,

~dave

[loveguitars]

Thanks D

[becauseicare2]

Derek, I get ya but you are speaking waaay beyond most peoples comprehension. Let me help you out. Here is the explanination by a typical financial advisor..."the market goes up the market goes down..it's the long term that matters...when the markets are down you contribute more to take advantage" You see no-one in my game ever gets beyond, WHY the markets go up or down. WHAT are the factors that drive this movement. HOW can I protect myself from decade(s) long negative returns or risk adjusted

[ozwasp]

My mate owns a derivatives/forex business.... I call him a book marker

[ozwasp]

Book maker I meant

[vmpslr2]

great video

[1mealperday]

thanks for the soft ending. Gone to put more money in the ground. Steer manure for the garden is my best bet for the LOCAL market.

yes , i feel VERY good about my investment.

[endlessmountain]

Thats a good investment :) CNBC may not agree with that unless you buy the stocks for that company LOL

[1mealperday]

good morning Derek.