Speculating fails if you combine it with investing4 min read 14 Jul 2021, 01:09 AM IST
Speculation is a slippery slope, so put a couple of speed-breakers in place
I recently read an interesting definition of speculation by Robinhood investors. With the help of an analogy, it explained that speculation is like investing all your money into a plot of land because you think you will find gold. If it really does have gold, your investment will have a phenomenal pay-off.