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#13
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There's just nothing quite like capitalism
D.Duck wrote:
"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. It's a fairly standard definition, but not the only one. |
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