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Many of the strategies the seminar promotes are vague,or enc

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Many of the strategies the seminar promotes are vague,or encourage taking on debt for investing,which can be a very dangerous strategy,in particular for investors who are just beginning.
其中“or” 连接什么?
Many of the strategies the seminar promotes are vague,or enc
此处or后面接的部分是对前面vague的进一步解释(唯恐读者或听者不懂),意思是“也就是”,“即”.
整句译文:论坛倡导的许多策略都是非确定性的,即鼓励举债投资性的,这特别对投资新手而言会是相当危险的策略.