3 ms·

Welcome to investing?

• jacquesm 9y ago
  Speculation. Investing is something different entirely, just like the lottery is different than owning a chunk of a business.
  • brucephillips 9y ago
    Eh, there's no hard line between the two.
    • jacquesm 9y ago
      No, but there are extremes that can be easily labeled as such and this one is clearly speculation, not investing.
  • naveen99 9y ago
    Playing the Lottery is worse than speculation. Lottery has negative expected outcome. Speculation doesn't have a quantifiable outcome before hand which is why it's called speculation.