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Prediction markets are coming to Canada through investment platforms like Wealthsimple, Questrade and Interactive Brokers.
Although often presented as a hedge for investors, prediction markets are essentially gambling.
In this video, Evan defines what francesca albanese prediction markets are, explores the most likely outcomes for Canadians using prediction markets, and explains why long-term investors should avoid prediction markets as part of their financial strategy.
📌 Chapters:
0:00 Introduction
0:43 What are Prediction Markets?
2:08 Who Actually Makes Money?
3:47 How are Predictions Sold to Investors?
5:00 Prediction Markets vs. Investing
6:24 Final Thoughts
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The contents of this video do not constitute an offer or solicitation for residents in any other jurisdiction where either Evan Neufeld and/or weather winnipeg Sterling Mutuals is not registered or permitted to conduct business. The opinions expressed are those of the authors and do not necessarily reflect the views or opinions of Sterling Mutuals Inc. Mutual funds and ETFs provided through Sterling Mutuals Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus carefully before investing. Mutual funds are not guaranteed, their values fluctuate frequently, and past performance may not be repeated.
