Imagine walking into a bookmakers and finding that most horses won, often at pretty decent odds. Or visiting a casino where there is no zero on the roulette wheel and the dealer’s blackjack cards are dealt face up.
Welcome to the world of the stock market.
Yes, it is a gamble picking shares but it is one where the odds are stacked in favour of the punters, where the majority walk out winners instead of losers.
Shares do arguably represent a riskier investment than putting your money into a savings account with a fixed rate of interest but the risk is much less than you think and the potential rewards are much greater.
During the credit crunch some savings accounts looked quite risky, which is why queues ...