Ever wonder why some people seem to have all the luck? They are able to achieve great success financially while others seem to struggle and fall further behind. It boils down to their mindset and how they think about investing. There are really only 2 types... Investors and speculators. Investors simply buy and hold quality assets for long periods of time. Collecting cash flow in the form of dividends and rent checks. Speculators bet on price and tend to get in and out of positions incurring friction costs in the form of buying and selling commissions.