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Speculating involves people selling stocks based on what they will be worth in the future, not what their actual current value is.
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So what you are saying is that you buy stocks with no concern for what they'll be at some point in the future?
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You invest because the company may be providing innovation to mankind.
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Nooo, you invest to make money for yourself. The likelihood of profit is just greater in well run companies who also happen to be innovative. Don't mistake motive for method.