Distinguish between investments and speculation.
It is advisable to avoid speculation. If you decide to speculate, Benjamin Graham tells us to speculate only with a separate small portion of your capital. Don’t risk money you can’t afford to lose.
When you’re investing for the long term don’t speculate!
If you want to learn more check out these resources:
- When to Make Traditional Vs. Roth IRA Contributions
- The College Graduate’s Guide to Save For Retirement
Want To Learn How To Invest?
Join 10,000 others who’ve taken our FREE video training program to learn how to get started investing today!