How do we know when we’re investing—or speculating but thinking we’re investing? It’s not always obvious.
One of the factors that can make it difficult to know the difference between investing and speculating is that both produce gains and losses. Some sound investment strategies can turn losses for a few years, while speculating rakes in high returns just long enough to earn some credibility.
Since the lines between investing and speculating can often be blurry how do you spot the difference between the two? [Read more…] about Investing VS Speculating: The Difference Between Building Wealth and Gambling