Speculator or Investor

Speculator or Investor?

To me they are no different. Both of them are trying to earn some profits out of the investment.
One aiming at reasonable returns, while the other, abnormal returns.

Well if you are a pessimist, you will say that speculators are merely gambling. But if you are optimist, you would probably say they are opportunities seekers. There's no right or wrong, because both are trading legally. They can't fault each other.

Speculators also contributing to the market liquidity, but most of the time when the market is too high, or rising at an abnormal pace, they are to be blamed. They are blamed for inputing risk/volatility into the market. Well as if there won't be any fluctuation in the market if there's no speculator...

Technically speaking, investors trade with a system, or with a strategy and of course contingency plan, everything is well engineered. They have steps to follow. But Speculators trade with market 'noise', their emotional feeling - the six sense and last but not least they trade what other is trading.

Have u ever come across with speculators that refuse to believe they are speculator and investors that act like speculator? Just a joke.

The above is solely a personal opinion. No personal attact intention. Welcome your feedback.