Speculation: n. doing an investment which is frequently a very risky action(s) for short or long duration profit with a subset(s) which is frequently money
Speculation in its broadest sense can be thought of as taking a risk by investing in something which may increase or decrease in value with time.
Frequently speculative investments are very risky and considered to be rather unwise investments because you can lose all or most of the value in a rather short duration.
If you liked this evergreen truth blog then read more of them, about 900 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.
For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.