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The House Always Wins - Launch Personal Finance

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Investing in the stock market often gets compared to gambling in a casino. As we all know, when it c
 

Launch Personal Finance

June 18 · Issue #33 · View online
Personal Finance & Financial Independence 3(ish) Articles, Curated Daily

Investing in the stock market often gets compared to gambling in a casino. As we all know, when it comes to gambling, the house always wins. Those massive casinos in Vegas didn’t get built because their owners lose money at blackjack.
So, should the same attitude be applied to the stock market. I’ll say both yes and no. The market does always win and if you approach your investments without a strategy, you will always lose. But, just because the market wins, doesn’t mean you have to lose. In fact, today it’s easier than ever to BECOME the market. If you don’t want to become an active investor (and I certainly don’t), become the house and buy the market via low cost index funds.

Who is the house?
The Cost in Wealth of Revolving Credit Card Debt | BEYOND PENNIES
Not All Income Is Created Equal
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