05-22-2024, 05:28 PM
Deciding between trading and investing depends on my goals and risk tolerance. Trading suits me if I prefer short-term gains and can handle the high risk and stress of frequent market monitoring. For instance, day trading stocks for quick profits. Investing is better if I aim for long-term wealth growth with less frequent transactions, like holding a diversified portfolio of stocks and bonds for years. I lean towards investing for its stability and compounding benefits.