Quote:
Originally Posted by Barry-xlovecam
- Derivatives are purchased as a hedge or in speculation and are not a investment.
- Bitcoin is a currency of trade so technically not an investment.
- Crude Oil is both investment (the production of -- as an indicator of value of asset or inventory) and as a commodity in trade.
- Precious metals quoted were spot prices so they are either for hording or as a commodity in trade.
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What? Not investment? It is investment, what else it could even be? Speculation is an act, it doesn't describe at all the subject of the speculation, or the thing that is in the stake.
"Investment is time, energy, or matter spent in the hope of future benefits actualized within a specified date or time frame."
Investment - Wikipedia, the free encyclopedia
"DEFINITION of 'Investment'
An asset or item that is purchased with the hope that it will generate income or appreciate in the future."
Investment Definition | Investopedia