posted on Apr, 28 2005 @ 10:23 PM
I disagree, the treasury bond can't be nearly so easily rigged as the stock market. Any idea how much money people are making in a single day off
that numbers maze? It's enough to boggle the mind. Meanwhile, companies with actual assets and capital languish under a penny because of a vendetta
on the part of the SEC, dirty, lying thieves that they are. Check out USXP for a brief glimpse into everything that's wrong with the stock
I wouldn't touch the stock market with a ten foot pole, nevermind my retirement. But that's because I know better. My father was a bond trader for
a good many years, and I myself did extensive research into owning the system, but it's a game where individuals play at a severe disadvantage,
several crippling disadvantages actually. I used to play 3 card on the streets of NY, and I learned quickly not to mess around with dirty dealers.
It just doesn't pay.
Most people don't know any better. They have a minimal education regarding the MO of the market, and they see it as roughly equivalent to gambling,
but with 'better odds.' Of course, in gambling you're against the odds, but most casinos still offer games at 49/51 if you know how to play. The
stock market is run by those who have extra hours in the day, insider information, corporate collusion, and of course, press releases designed to drop
prices for the benefit of options traders, then more press releases to stimulate buying frenzies by the rubes, so the cycle can start over again.
It's a rigged game in every sense, and only a fool plays against a dirty house. On top of all that, with a few lines of code, they can institute
changes in the running board, and set the pack of amateur players in a predictable direction, so as to make money off their predictability.
Wall Street is a shark tank, and private investors are the guppies. Food for the machine. This is not some fanciful rant, this is true. The machine
requires capital, and those people who buy stocks and commodities without insider knowledge are blood sacrifices to the god of capitalism. They'd be
better off going to a casino. There's always blackjack at the casino.
Take my advice or don't, it matters not to me. But for the benefit of all those who value their retirement, there are better ways of spending it
than putting it in the hands of others so they can get rich. Don't fool yourselves, putting money in the market takes you out of the loop.
Pick whatever horse you want, the race is lost or won based on factors entirely out of your control, factors entirely in the hands of 'your
With the amount of money most people make, they could put aside a dollar or two a day, and retire to Puerto Escondido at the age of 50 or so, and
sleep in a hammock for a dollar a night, drinking quarter beers all day long, until they die, relaxed and happy, many years later.