Originally Posted by Unregistered

I don't really understand why people do not want to learn the art of investing in speculative stocks, buying low and selling super duper high. As the saying goes, it takes money to make more money. So I don't get it why do people keep tons of cash in the bank when all they need is just a fraction of the amount at a time or even for an emergency. If without learning the art of playing speculative stocks, my net worth would frankly be roughly only 50k but its in cash. An example would be plowing money in the speculative stock called Blumont, I frankly 'invested' 15k in it but took profit at one of its peak prices and the amount skyrocketed to 180k as the stock was more than a ten bagger. Net worth this year thus increased by 60%. Year on year. Last year I made lots of money speculating in the us biotech stock industry. The risk is low as the stock is cheap. But the returns are super, duper high.