Investment vs Speculation

When people think of investments they should realize there is a risk involved but it should be a calculated risk based on research and preparation.

When people think of speculation it’s more of a gamble. The risk is usually much greater and the reward is potentially much greater as well.

The danger is when someone thinks they are investing and they don’t realize they are actually speculating.

There is a time and place for both investments and speculation, the key is to know which you are doing.

Have a great day!

Lawrence