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Investment and speculation are not different things, all investment is speculation.

• tmnvix 9y ago
  From the definition of financial speculation cited elsewhere in Merriam-Webster: > Speculation is a method of short-term investing whereby traders essentially bet on the direction an asset's price will move. This is what most people would assume speculation to mean in the context of this discussion. It is quite normal to compare this type of speculative investment with other - especially productive - investment.
  • gnaritas 9y ago
    I'm very well aware of what he means, that's obvious from my response, one can be clear without misusing words and it's entirely appropriate to correct someone who's using those words wrong as if they're unrelated when they're actually both a type of investing. Try understating what's going on before you start quoting a dictionary.