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Are you a trader or an investor?

From stansberrychurchouse.com

To most people, investing – the long, slow process of letting compound interest work its magic – is boring. It’s the tortoise, while the hare hops away. But the fast-paced action of trading – even (or especially) for people who only know it from the movies – is like riding a motorbike on an icy canal while holding a box of nitro glycerine. It’s excitement on steroids with some real financial danger in the mix. Of course, any kind of asset, whether it’s stocks, ETFs, bonds or commodities, can be held as a long-term investment or traded for short-term profit. The major difference is how long you hold it. Traders will ... (full story)

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