"HK" wrote in message
...
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?

That's only one man's opinion.