I found the following definitions of Investment online, searching "Investment defined" on google:
"An investment refers to any asset that is obtained for cost on the grounds that it is expected to provide value in the future that will exceed its initial cost and time to value."
"Investing, broadly, is putting money to work for a period of time in a project or undertaking to generate positive returns (profits that exceed the amount of the initial investment). It's the act of allocating resources, usually capital (i.e., money), with the expectation of generating an income, profit, or gains."
"the outlay of money usually for income or profit" (Merriam Webster)
"the act of putting money, effort, time, etc. into something to make a profit or get an advantage, or the money, effort, time, etc. " (Cambridge Dictionary)
It seems all of the above definitions require the same elements for an investment:
1. Actually laying out money
2. To acquire an asset
3. Intending to make a profit/more money than was laid out
There is no requirement that the asset produce income, rather that the one expects to earn more than they paid for asset.
The difference between cards and "gambling" is that in gambling you are not acquiring an asset/seeking to profit from an asset.
Cards are 100% an asset and I 100% invest in cards (and have done well - its been a good investment).
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