Angelo: You seem to take exception to the term "gambling". Would you prefer the term speculating? This is, after all, what you're doing; particularly as it relates to stocks such as BIOM who're "on the come" so to speak. The same could apply to the other examples you've mentioned. After all, none of those examples comes with a god-given guarantee of success, eh? ;-)
As for homes.....well....to me I believe to deem your home as an investment is an oxymoron. It's your HOME. One shouldn't view it as the end all and be all in your attempt at capital formation. But I'll admit, this is my view. It ain't everyone's. Still, however you view it; gambling, investing, speculating....it's all about the accumulation of profit. And profit NOBODY can argue with, me thinks!
Speaking of which, it appears BIOM's returned to it's "intra-news event" pattern of low volume, and more or less sideways action. I expect it'll stay around this new, higher, low, until such time as additional news comes out. As such, I continue to accumulate.......
Regards!
John~ |
