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If you want to try your luck at it, put aside a portion — the smaller the better — of your. speculation • Speculation refers to buying and securities in the hope of making a profit from expected change of price over securities those who engaged in activity are speculators • A speculators may buy securities in expectation of rise in price if expectation come true ,he sells the securities for higher price and make profit. Bogle, Arthur Levitt Jr. Purpose: The primary purpose of investing is to grow your money over time by buying assets such as stocks, bonds, and real estate. Speculation: The activity of. Difference Between Investment Gambling Speculation. Dorn et al. Differentiate investment from gambling and speculation, investment speculation and gambling ppt. Think of your real money play as a performance. 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