posted on Jun, 1 2013 @ 10:48 AM
Trust not statistics, but trust realities you see before your eyes.
The stock market is nothing more than legalized gambling FAR WORSE than a casino because it is skewered to those with big money unlike real casinos
that one have to depend on luck no matter how much he has.
To play the stock market honestly, you would have to look long term - place your money for a minimum of 5 years and in companies that exists far
longer than 5 years, proving their management stability, but no means still a sure thing, as changes are the only constant in life.
If you are simply going in and out of the market rapidly, that's pure gambling, no need to BS.
How the real market performs - real stable companies in a variety of trades - is fully dependent on economic realities. For example, when people are
buying their products which are of quality and are constantly improving, their values rise through their earnings, and thus your stock share.
If no one is buying those products, or cannot afford such as high employment or low wages with high inflation, and the company shows huge debts, it is
time to flee the sinking ship.
As for gamblers, big money is often splashed into stocks of certain companies rising their values, to get the small guys foolish to think that it will
continue to rise in value, whom will quickly pump in the money, and when it is high enough, the big boys pull the rug, often using instabilities of
the world as excuses so that they do not get caught in the act of manipulating the market.
That's how the big boys earn their bonuses, pay off their promised returns to investors in their funds, and that's how banks pay off the interest
promised to depositors.
Can I say - so quit being fools, stop gambling, get a job, save up money, learn a trade and become an entreprenuer instead? I don't think so as
suckers are born by the minute every day. Been like that for years.