Explain why assets that do not produce income or are exposed to large price fluctuation (such as collectibles, precious metals, and cryptocurrencies) are described as speculative investments.
Standard detail
I.2c
Depth 2Parent ID: 26E08A4B757C42A7B9BD3A73FA6C1E03Standard set: 12th Grade
Original statement
Quick facts
- Statement code
- I.2c
- List ID
- c
- Standard ID
- 929C88DA1188405385E647517E169C73
- Subject
- Personal Financial Education (2021)
- Grades
- 12
- Ancestor IDs
- 26E08A4B757C42A7B9BD3A73FA6C1E03AAF61738563B4E3DA86089A83B88A7F1
- Source document
- National Standards for Personal Financial Education
- License
- CC BY 4.0 US