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Alternative Investments and Speculation in Your Portfolio

NerdWallet's Smart Money Podcast

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Investment vs. Hobby: Distinguishing Between Speculation and Long-term Goals

This chapter delves into the distinction between investment and hobby in alternative investment vehicles, highlighting the importance of differentiating between long-term investing and speculative attempts to outperform traditional investments. They stress the necessity of only allocating speculative assets that won't jeopardize long-term goals.

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