The Difference Between Saving, Investing, and Speculating
Every successful investor must begin by understanding the difference between saving, investing, and speculating. If you get those confused, you run the risk of losing a lot of money.
Luckily, this brief but informative (and funny!) video will clear it up for you. Put simply:
Save to protect your money.
Invest to grow your money.
Speculate to gamble your money.
Of course, there’s more to it than that, so press “PLAY” and enjoy.