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Explain The Financial & Economic meaning of investment?
What is the difference between INVESTMENT & GAMBLING?
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Answer / shalini v
investment is peried is more then 1 year,gambling time
horizon is very short..
negative outcome are expected in gambling
eg : roll of dice or turn of card
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / thanusha
Investment is nothing but putting a money in business or in
some financial instruments & expecting return from that in
future -simple meaning... example:invest money in shares &
earn dividend as a return .But,Gambling is the wagering of
money or something of material vaiue of an event with an
uncertain outcome with the intention of winning additional
money .
| Is This Answer Correct ? | 2 Yes | 0 No |
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