438- FROM THE VAULT: Quick Questions: Investing Vs. Speculating
Is it possible for investors to achieve solid returns without exposing themselves to substantial risks? This is the fundamental principle behind Rule #1 Investing.\n\nWhile many people look at investing as something akin to gambling, being a conscious value investor is vastly different from speculating, where the high risk is a fundamental aspect of the process.\n\nIn this week's Vault episode, Phil and Danielle delve into the distinction between being an investor and a speculator, highlighting just how crucial it is to truly grasp the nature of your investments.\xa0\n\nFor an exercise that can help simplify your investing research process, click here for The \u201c3 Circles\u201d Exercise Guide:\xa0https://bit.ly/3LOexg2\n\nTopics Discussed:\n\nZ\xfcrich pronunciation\n\nInvesting/Sports analogies\n\nInvesting as ownership\n\nStocks vs. bonds\n\nStrategy for recessions\n\nGetting out early vs. late\n\nMaking money vs. preserving money\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices