Speculative investments assume a:

Understand the Problem

The question is asking about the level of risk associated with speculative investments, presenting multiple-choice options for the user to select from.

More Information

Speculative investments are known for their potential for both significant gains and substantial losses, as they involve predicting future price movements without solid backing from current fundamentals.

Tips

Confusing speculative investments with conservative investments might lead to underestimating the potential risks involved.

Sources

• The Art of Speculation - Investopedia - investopedia.com