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When it comes down to it, it depends on your investment horizon as to how much "gambling" you are doing in the stock market. If you need more return sooner, you generally have to go with a more "risky" stock to make that return. Most good investors know to invest in good companies that provide a good stable return over the long haul. I don't consider that "gambling." Do your research and invest in good companies and you will get a stable return over the long haul. This does not apply to day traders who are generally looking for the most return in the shortest time period. I would think that most of the last generation of day traders were gambling and not doing the research themselves.
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