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.