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Dr. Kalinda Rose Stevenson
What Is The Difference Between a Real Estate Investor And A Gambler?
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Gamble: To play games of chance for money or some other stake. An act which depends on games of chance.”
Webster’s Unabridged Dictionary
Getting money by beating the odds is on my mind this week because I have just returned from Las Vegas. I want to tell you up front that I don’t gamble in Las Vegas. I was there to attend a real estate investment seminar.
I also want to tell you that I make no judgments about the ethical or moral aspects of gambling. I also make no judgments about gambling as a pastime. Obviously thousands of people find gambling fun. What interests me is the connection between gambling and money.
Walk through a Las Vegas casino and you will see people mechanically feeding slot machines, hoping for a payoff, motivated by a combination of greed and hope.
“Gambling: The sure way of getting nothing for something.” Wilson Mizner
Las Vegas dangles before people the promise of winning lots of money. Money is both the price of playing and the tangible reward for winning. But the real game is much deeper.
Unless people are hopelessly na
Comments
2 Responses to “What Is The Difference Between a Real Estate Investor And A Gambler?”
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Syndicate
This is great stuff. May I include this in:
http://money.utalkitalk.com/Real-Estate/
Hi David,
I’d be happy for you to post the article with a link back to my blog.
sorry for the delay in responding. I have recently moved and been very busy with that.
All the best,
Kalinda