Is buying Stocks almost like playing the lottery?

is it gambling? How do you know if you buy into good stocks, is there any way to know? thanks

Posted in Bingo and Lottery, asked by milk111, 6 years ago. 1196 hits.

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Both yes and no.
Stocks is not just pure probability like the Lottery.
There is a WAY WAY greater chance of making a profit in the stock market than the lottery.
Look at the portfolio for Berkshire Hathaway. The stocks in the portfolio are good companies to invest in.

6 years ago
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Just now