The stock market is made to keep your wealth, not to build your wealth?

Discussion in 'Psychology' started by crgarcia, Dec 9, 2009.

  1. Unless you are a fund manager?
  2. heypa


    The stock market is made to transfer your wealth to whomever skims the damn thing. Damn hidden costs are worse than the obvious take on the horses.
  3. No.. It will keep your wealth if you don't know what you are doing... Many people make money from the markets..
  4. dewton


    the stock market is a place to gather everyone's wealth, to be used by the big banks for their own gambling purposes+lending/bankrupting poor nations+making everyone their debt slaves.

    banks/brokers don't hold stocks and bonds in your name.. they hold them in the name of Cede & Company, a private company worth $20 trillion!
  5. The stock market is redistribution of wealth, just like taxes. Except taxes are mandatory.
  6. As a trader, I couldn't disagree more.

  7. crgarcia and failed trad3r, both at it again claiming manipulation and any acts of God that kept them from succeeding at trading.

    Cmon, when are you all gonna stop whining like lil girls? :mad:
  8. l2tradr


    Another brilliant thread. Why are you on a TRADING forum again?
  9. kxvid


    Players dealing in the stock market all have only one goal in mind: make as much money as possible in the shortest amount of time possible at the expense of other participants.

    Its a relatively new notion dreamed up by economists that everybody should convert their retirement funds into stocks. In earlier times, stocks were considered risky and only for the financially sophisticated.

    Just because some economists dreamed up the notion that stocks are the best place to put your money doesn't mean you should listen to them.