W***n 发帖数: 11530 | 1 There is a profound difference between investing your money and speculating
with it. The former suggests that you have a sound methodology in place from
which you can draw conclusions and gain valuable insight for your
investment decision making. A sound investing philosophy lends credibility
to one's actions, and increases the odds of success.
The latter, on the other hand, suggests that you have no investment
philosophy to fall back on. As a result, you are merely speculating, and are
quite comparable to people carrying their dollars into a casino to play
roulette.
You are essentially betting on good luck and hoping that the momentum in a
stock, or a market, continues for a little while, so that you can cash out
when the time comes. In other words, investing relies on reason, methodology
, and calculation, while speculating relies on odds and momentum. | c******r 发帖数: 249 | |
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