Lesson 308: Investment > Speculation
A few months ago, a subreddit, had Game Stop stocks flying and a lot of people making money in the process. It felt cool yet a few days later a couple of people lost a ton of money from the same stocks too. Speculating might feel cool but it rarely pays off in the long run. Investing, however, getting in and holding for the long term is almost always the better option. Whenever you are doing something, always keep the long term in mind.
PROMPT: How do you use your money?