Friday, December 23, 2011

Investment Vs Speculation


Investment can be defined as the purchase of an asset with the primary purpose of conserving or increasing wealth. The assets may include shares, debentures, land, residential houses, gold, jewellery, social security certificates, capital investment bonds, units of UTI, deposit in banks and companies, silver etc.,

Speculation can be defined as the purchase of
an asset with the primary purpose of making a quick profit by taking advantage of price fluctuations.

Investment vs Speculation