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As far as i know a lot of ppl have an individual opinion on gambling. So is it right or wrong? :?

I'm referin 2 the sense of the lottery....Maya!

People running after Maya...... but still play the lottery :!:

I found 2 shabads from Guru Arjun Dev ji,

GGS p913

kaahoo bihaavai khaeluth jooaa

Some pass their lives gambling

GGS p1180

jooaaree jooeae maahi cheeth

The gambler's consciousness is focused on gambling

Wot do ppl think? :?:

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people put money down - to gain more money - u will always lose... maybe win once or twice

gamble your life doing paat and simran - everything you put down will return something in the end - with a prize that no money will ever be able to buy :wink:

fateh

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  • 2 months later...
Guest kaur1699

Fateh Ji,

gamble your life doing paat and simran - everything you put down will return something in the end - with a prize that no money will ever be able to buy :wink:

I really like the way you have said that... :yo:

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even more intriguing.....what if your job is an analyst, or accountant (CFA...CPA)..where you gamble OTHER people's money!

ssa

analysing some stocks and giving professional advice cant be said to be gamble, or else every risk taking venture which rewards profit would be gamble.

its one thing to go and pick up stocks on gut feeling and another if its based on company's fundamentals so have to draw a line somewhere..

so to say drinking tea would amount to addiction to caffeine isnt it , also eating food also intoxicates or if we start comparing eating grapes to drinking wine ...have to stop somewhere

wjkk wjkf

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Very well said Gursj :D

Since the stock market didn't exist when Guru Gobind Singh taught us the dangers of gambling. I do not think it is gambling for Sikhs to have retirement plans that include stocks in the portfolio. Retirement plans are, in effect, a reality and requirement in today's world. In addition, for most people, the stock market is not one's SOLE source of income, it is used to enhance income. It is a wise and observant Sikh who invests in the stock market only as an ADJUNCT to regular work/regular pay, and who doesn't invest ALL his or her assets and earnings in the dice-throw that is the stock market

Guru did not want his Sikhs to avoid work or to fritter money needed for supporting a family on gambling houses, many of which are havens for various types of crimes. He wanted his Sikhs to be examples of honest work. A Sikh who works honestly and has investments on the side is not breaking his or her rehit.

Hope this clears it up!

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I think a lottery ticket is perfectly OK! as lkong as you don't have a bad habit. Whoever said stock market isn't a gamble is wrong, even opening up your own business is a gamble. I lost alot of my own money and my parent's money on stocks and I do consider it a gamble, much more so then a $1 lottery ticket.

Imagine if a gursikh wins a 20 million lottery how much good he could do for the world.

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I think a lottery ticket is perfectly OK! as lkong as you don't have a bad habit. Whoever said stock market isn't a gamble is wrong, even opening up your own business is a gamble. I lost alot of my own money and my parent's money on stocks and I do consider it a gamble, much more so then a $1 lottery ticket.

Imagine if a gursikh wins a 20 million lottery how much good he could do for the world.

thats kinda wat im saying

lots of elements to life are a gamble

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I've been to a casino a few times. I don't go often. I have to admit...I like the lights and the sound and the spinning wheels....but I really cannot say that I ever went in thinking that I would win.

I spend a small amount of money, and when it is gone I walk away. I consider the money spent as cost of entertainment.

But at the same time, I see some of the U.S. casinos and see these old folks with blank stares just blindly dropping coin after coin...and that makes me sad. They don't seem to be enjoying themselves.

As far as stocks, there is a difference between gambling and risk. Securities investment consist of a disclosed (and hopefully manageable) risk. If I have $1000 in a retirement plan, I hope that at the end of the year, I might have $1100 or $1200. I don't do so thinking it will become $10,000 or $100,000 if I get reeeeeeally lucky. A properly trained CFA would think the same way.

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