Are you an investor or speculator?

Are you an investor or speculator? 8
Are you an investor or speculator? 8

`I finally get it. The Wall Street Journal is wrong and has been wrong for decades about one of the fundamental terms in finance. And I can’t take it anymore,` said Jason Zweig, columnist

Below is Jason Zweig’s sharing about the concept of `investor` and `speculator`.

If you buy a stock simply because it has gone up a lot in price without doing any research on it, you are not an investor, despite the term the WSJ and its editors insist on calling it.

Whenever you buy a financial asset that you understand nothing about or just for fun, or because someone famous is talking about it or everyone seems to be buying it, you are not investing at all.

Obviously you’re a businessman: someone who just bought a property.

Of course, there are also people who buy speculative stocks like Game Stop who can be called investors.

An investor relies on internal sources of information: profits, income, asset value growth.

The word `investor` comes from the Latin term `investire`, which is to clothe or clothe oneself or wrap.

Securities staff monitor daily trading sessions.

Yet the Wall Street Journal and its editors call anyone who buys something an `investor.`

He wrote: `Who used any investment term to call people who hope for a decline in the stock market by shorting odd lots of stocks investors?`

Mr. Graham asked: `If these people are investors, then how do people define speculation and speculators? Maybe it is the inability to distinguish between investment and speculation that causes

Of course, Mr. Graham is not the type of person who thinks the market should only be for the rich.

In that book, Mr. Graham said: `Speculation in itself is not illegal, immoral, nor does it always fill people’s pockets.`

However, he warns it creates three risks: 1) speculation when you think you are investing;

In fact, most investors also speculate a little.

If you think you are investing when you are actually speculating, you will attribute your success to skill when in fact you are just lucky.

If you are too interested in speculation, you will end up addicted to it.

The word `investor` has a long history in English, it refers to people who commit capital with the expectation of profits, whether short or long term, and how much they learn about investing, according to the editor

Therefore, the Journal should not say that a person who gambles for fun is investing just because the dictionary says so.

In a recent Instagram post, a former porn star named Lana Rhoades showed off her investment knowledge.

In the post, which was liked by 1.8 million people, Ms. Rhoades announced that she would be promoting a cryptocurrency called PAWGcoin.

Ms. Rhoades, who once posted `I also read WSJ every morning`, lost contact when the reporter wanted to interview her.

Jason Zweig is the author of `Your Money and Your Brain` about the neuroscience of investing.

Before working at the Wall Street Journal, he was a senior writer for Money magazine as well as a prolific commentator for Time magazine and CNN.com.

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