Wayne.B wrote:
On Thu, 31 Jan 2008 12:50:02 -0500, HK wrote:

Note I said speculators, not investors.

How do you distinguish between the two? In my mind they are one and
the same except for the negative connotation associated with
speculation.



Hehehhe. Go back to sleep, W'hine.

An investment typically promises some safety of principal and a
reasonable return. Buying real property in the hope of a quick run up of
a minimal outlay does not meet these requirements, and therefore is
speculation.

What was it you did for a living when you did something for a living?