The fourth book in this important new investment series tackles the wide range of speculative investment opportunities available to more aggressive investors. The author first discusses whether or not speculative investments are right for different types of investors, then goes on to explain how to speculate in the stock, bond, commodity, options and futures markets. There is coverage of such advanced topics as speculating in junk bonds; index trading; bull and bear options strategies; rights and warrants; foreign currency futures. In line with the common-sense approach taken in the other Making the Most of Your Money books, Krefetz warns readers about the risks of speculating and the possible swindles that can occur. This book supplies the questions to ask to avoid such situations. In The Basics of Speculating, readers will find just what they need to know to enter this most risky–and exciting–area of investing