Speculate : to assume a business risk in hope of gain; especially : to buy or sell in expectation of profiting from market fluctuations.
You may have noticed that I changed the title name of my blog. I must admit that it took me many years to accept the word "speculate" into my realm of thinking. I was bought up to "invest!" It seems like people feel better if they lose money on an "investment" opposed to a "speculation." Investing means you put money into something and ride out the ups and downs. This includes riding something into the ground. Investing is associated with being "responsible" and "mature." I guess that is a better way to lose money.
After about sixteen years of watching the market and "investing," I am not comfortable making a decision and putting it on autopilot. No, I want to make money! I am not too proud to change my mind if the market changes its mind about a company. Do you think a little guy like me is going to argue with the institutions out there?! No way!
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