[quote=harvey][quote=CA renter]It’s speculation if a person is buying (or selling) an existing asset in the anticipation of selling (or buying) at a higher (or lower) price.[/quote]
So the local grocery store is speculating with every can of beans on the shelf?[/quote]
Yes.
Have you ever seen a can of beans on sale? Well then that means the grocer speculated on a higher price and couldn’t sell it.
