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Go ask a CFA and they’ll tell you that buying stocks in these companies is not investing, but speculating. Nothing in these company’s fundamentals warrants any
by andrew991116 4y ago
Go ask a CFA and they’ll tell you that buying stocks in these companies is not investing, but speculating. Nothing in these company’s fundamentals warrants any investment. If you buy a stock based on the idea that someone will buy it at a higher price without considering it’s intrinsic value, it’s speculating.
- chii 4y agoit's fine to speculate, as long as the person doing the speculating knows what they're doing. The only problem happens when you speculate, but think you're investing.