In the first episode of The Way to Build Wealth Ethan Bloch stresses the importance of understanding the fundamental difference between investing and speculating.
His Guru, Mr. Graham was full of it too. Your capital requires a return to be an investment. Therefore - no dividend, no investment. You only have a speculation. All the rest if the financial services cool-aid they want you to drink.
HAHA!! your a dork but I LOVE IT!!! too bad you don't talk about speculating because I am a professional trader and I make informed statistical decisions that produce 2% a day baby... Compounded thats over 40% a month. Not bragging, but just pointing out that especulation is not too shabby.
His Guru, Mr. Graham was full of it too. Your capital requires a return to be an investment. Therefore - no dividend, no investment. You only have a speculation. All the rest if the financial services cool-aid they want you to drink.
robertcgray 1 year ago
HAHA!! your a dork but I LOVE IT!!! too bad you don't talk about speculating because I am a professional trader and I make informed statistical decisions that produce 2% a day baby... Compounded thats over 40% a month. Not bragging, but just pointing out that especulation is not too shabby.
orionmachine 3 years ago