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ICYMI - Is Prediction Market Betting Actually Investing?
Prediction markets are now live in Canada, letting you bet real money on questions like whether Canadian trips to the US will rise or fall, using the exact same account as your retirement savings. Vincent Gregoire unpacks what that means for anyone who thinks they're investing when they might actually be gambling.
The interview also gets into a newer wrinkle, overdraft protection that borrows against your stock portfolio instead of charging an insurance fee. It sounds convenient until the market drops and the bank decides when your investments get sold, not you.
Vincent Gregoire, Canada…
The skinny
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