Investing Vs. Speculating (And How To Do Both The Right Way...)
Investing Vs. Speculating (And How To Do Both The Right Way...) |
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| Investing Vs. Speculating (And How To Do Both The Right Way...) By Jimmy Butts
If you find yourself sitting on a little bit of cash in this market, then you might be feeling the urge to "invest" it somewhere. Either stocks, real estate, gold, or some other opportunity. If that's you, then first of all you should give yourself a pat on the back. Especially if that pile of cash came from harvesting some gains — or cutting losers short — when the market started turning south earlier this year. I've been saying for several months now that the pain in the market was likely to get worse before it gets better. And over at Capital Wealth Letter, we want to be ready to strike when the time is right. The problem is that a lot of folks who want to invest often aren't investing at all. They are speculating. As I'll explain in a moment, there's actually nothing wrong with this — in the right context. So today, let's take a moment to go through and explain the difference between speculating and investing. After all, failure to understand what you're getting into could cost you dearly… Read More... | |
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