Investor:
- Own the global market
- Own thousands of stocks
- Own diversified portfolios
- Rewarded by capitalism
Speculator:
- Hire brokers to pick stocks
- Pick mutual funds
- Hire a broker to pick funds
- Pay commissions
- Do not earn market returns
Which definition best describes your attitude toward stocks and bonds?
Source: Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott.