Determining what is and what is not gambling does not always lend itself to an easy answer If you buy a mutual fund that consists of a broad array of stocks and your purpose is to enhance your standard of living during your retirement, no one considers that gambling In contrast, if you are a day traderbuying and selling stocks during a one day periodyou are clearly betting that the stocks you buy in the morning and then sell in the evening will have gone up in value Should day trading be deemed gambling and therefore illegal Where do you draw the line between what is and what is not gambling in our society

Question: Determining what is and what is not gambling does not always lend itself to an easy answer. If you buy a mutual fund that consists

Determining what is and what is not gambling does not always lend itself to an easy answer. If you buy a mutual fund that consists of a broad array of and your purpose is to enhance your standard of living during your retirement, no one considers that gambling. In contrast, if you are a day trader—buying and selling during a one-day period—you are clearly “betting” that the you buy in the morning and then sell in the evening will have gone up in value. Should day trading be deemed gambling and therefore illegal? Where do you draw the line between what is and what is not gambling in our society?

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