There are tons of comparisons from all walks of life discussing how Wall Street is ‘just like a casino‘ because you can lose your money just as fast as you win it. If I was a casino owner, I would be FUMING MAD at this comparison because I would never want to be compared in the same sentence as Wall Street.
In the United States of America, it is illegal to operate a betting scheme, except in Nevada, Oregon, Delaware, and Montana – but Wall Street is a completely different game entirely. It is a game that you simply cannot afford to lose – especially in retirement – and the deck is stacked against you. You are playing poker with the top poker players in the WORLD – and you are not going to win at that table.
Today’s show discusses how comparing Wall Street to casinos isn’t fair – to the casinos.