What is the difference between an investor and a gambler?
With reference to Robert Kiyosaki Cashflow Quadrant, the I quadrant stands for Investor, where you let your money work for you, by investing them. When is an investor like a gambler?
An investor who invest without any sound analysis and purely rely on gut feel will be like a gambler. Investor and gambler is different by the way they approach the investment. One based on knowledge and the other based on feeling.
Sunday, January 28, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment