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By what measure? I move money around trying to grow it. That's investing. > expend money with the expectation of achieving a profit or material result by putti
by donatj 5y ago
By what measure? I move money around trying to grow it. That's investing.
> expend money with the expectation of achieving a profit or material result by putting it into financial plans, shares, or property
None of that says "long term"
- ngokevin 5y agoComment sets itself up for a reply about casinos.
- donatj 5y agoInsert obligatory "at the rate I'm going" joke here.
- mym1990 5y agoAccording to the SEC, day trading is not itself a form of investment due to the lack of fundamental analysis, a lack of long term thinking, a bigger focus on price movements and a more technical approach. But of course, by a number of other definitions, it is. It really just depends on what yours or someone else's frame of reference is.