Invest, Speculate or Gamble???

Definitions from Cambridge University Press
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Invest
To put money, time, effort, etc, into something to make a profit or get an advantage
Speculate
To buy and sell in the hope that the value of what you buy will increae and that it can then be sold at a higher price in order that it can make a profit
Gamble
To do something risky that might result in loss of money or failure, hoping to get money or achieve success


Definitions from Adrian Khiat
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Invest
Much research with solid facts, by long term vision and execute. Monitor at considerably intervals for a long period of time to get an advantage.
Speculate
Little research, with insufficient facts, by guts or best guesses and execute. Monitor at short intervals, over shorter term to get an advantage
Gamble
No research, no facts, by inspiration or superstitious. No need monitor but need to pray harder to get an advantage.

I invest 75%, Speculate 24%, Gamble 1% "for the occasional $10million Toto"

YOU???