TeachMeFinance.com - explain Investment speculation
Investment speculation -- Is when
a person buys outright a stock or a bond, primarily to obtain
the dividend or interest paid on it, but also with the intention
of selling should there be a material advance in the price of
Likewise, the term applies when a person buys outright a
stock that is not paying dividends, but which the buyer expects
will in time pay dividends, with a resultant improvement in
the price of the stock ; or the term applies when a person buys
outright a bond that is not paying interest (as an income
bond), but which the buyer expects will in time pay interest,
with a resultant improvement in the price of the bond.
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