#85 The Differences Between Saving, Investing, and Speculating

People often use the terms saving and investing interchangeably. This creates real problems. When you treat fundamentally different concepts as the same thing, you make decisions based on faulty assumptions about risk, return, and control. Understanding the distinctions between saving, investing, and speculating is not academic. It is the foundation for building a portfolio that … Continue reading #85 The Differences Between Saving, Investing, and Speculating