Investing vs. Speculating and the Rule of 72

Within the last 5 years this county has experienced one of the biggest booms in market history and somehow managed to experience one of the biggest market bust. During this same time, the number of millionaires in this country has skyrocketed while the number of people living in poverty increased at the same rate.

With such a dichotomy between success and failure over the same time period, how does an individual plan their financial future? On the one hand we have investors who made millions of dollars investing in the market, and on the other hand we have millions of speculators who did the opposite.

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