Salman Agah shares valuable insights on the crucial difference between investing and speculating. Many people blur the line between the two, but Salman explains why they are distinctly different approaches. He breaks down what defines real investing versus short-term speculation and why understanding this can impact your financial success. If you’re looking to make smart financial moves, this is a must-watch!
Key Topics:
- The clear distinction between investing and speculating
- Why understanding an asset is key to real investing
- The risks of short-term trading versus long-term investment
- How holding assets for the long haul defines true investment strategies
Quotes:
- "Understand the difference between investing and speculating."
- "It's not a fine line; it's very defined."
- "If you're buying something to trade in the short term, you're speculating."
- "If you believe an asset will be around for 100 years and plan to hold it, that’s investing."
