Speculative Assets

Learn the fundamentals of speculative assets, including how they work, what drives their high-risk value, and how investors buy, sell, and evaluate alternative markets like crypto, collectibles, and digital items.

Note: While penny stocks and junk bonds are considered highly speculative, they are still fundamentally equities and debt. Because of this, you will find guides on those specific assets in our core Stocks and Bonds sections rather than here.