The act of trading an asset or conducting a financial transaction with a significant risk of losing most or all of its value with the expectation of a substantial gain. The risk of loss is more than offset by the possibility of a huge gain, otherwise, there would be very little motivation to speculate. To determine if an activity qualifies as speculative or investing can depend on the nature of the asset, holding period, and the amount of leverage.
glossary
1. The Lifeforce, you, the one who perceives what exists and what is needed and wanted. 2. That which is traditionally believed to be the vital principle or animating force within living beings. 3. Any supernatural being, such as a ghost. 4. That which constitutes one’s unseen, intangible being. 5. The essential and activating principle of a person; the will. 6. To impart courage, animation, or determination, or determination to; stimulate; encourage.
1. Of, relating to, consisting of, or having the nature of spirit; not tangible or material. 2. Of, concerned with or affecting the soul. 3. Of, from or pertaining to God. 4. Of or belonging to a church or religion; ecclesiastical; sacred. 5. Pertaining to or having the nature of spirits; supernatural.