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Investment: Buying a car because it'll help you reach a higher paying job further away. Speculation: Buying a limited edition or already antique car, and neve
by nly 5y ago
Investment: Buying a car because it'll help you reach a higher paying job further away.
Speculation: Buying a limited edition or already antique car, and never using it, because you believe someone else in the long future will want it more because its rare.
Trading: Buying a car today to sell in the next weeks because you have better information/trading connections/higher volume than the original seller and can source a better price, or you have the distribution channels to move it cheaply and take advantage of smaller profit margins in other areas.