Which Is Better, Day-Trading or Investing Long-Term?You can get rich quick through day-trading, but it carries significant risk.

ByPhil Town

Opinions expressed by Entrepreneur contributors are their own.

There is more than one way to approach the stock market, and many different schools of thought exist on how best to make money when buying and selling securities.

One method that often gets a lot of attention is day-trading. On one hand, day-trading is lauded as the best way to get rich quick. On the other hand, there are countless warnings about the dire risks of day-trading.

In this video, Entrepreneur Network partner Phil Town breaks down the differences, benefits and risks of day-trading and long-term investing so you can figure out which is best for you.

Click play to learn more.

Related:Intimidated by the Stock Market? Try Trading Index Funds.

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Phil Town is an Investment Advisor, Hedge Fund Manager, 2x New York Times Best-Selling Author of Rule #1 & Payback Time, and Ex-Grand Canyon River Rafting Guide. Rule #1 Investing is Warren Buffett style investing, teaching you how to buy businesses on sale, with little risk and 15 percent returns. In fact, Rule #1 investing is practically immune to the ups and downs of the stock market.

More from Phil Town

How to Find a Stock On Sale That's Right for You

3 Bad Investing Habits You Should Drop Before It's Too Late

Nervous About Investing? Think About Your Money This Way.

How to React When a Recession Is Approaching

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