Stock Market Is Big Casino?
Stock Market Is Big Casino?
Look at the stock prices, some days stock prices are higher, other days they’re lower. Without warning your 401k is slashed in half. Your 401k might have ballooned to heights previously unimagined. It all seems so random. The stock market is like a manic depressive person.
One day you might wake up to discover the Ms. Stock Market has forgotten to take her mood equalizer pills and offers you companies that are worth $50 per share for only $20 per share. It works in reverse sometimes, too. Ms. STock Market may be especially giddy one day and offer you companies that are worth virtually nothing for hundreds of dollars per share. That’s the way the market operates. There are no guarantees. Please Only invest what you can afford to lose. Incredibly, people regularly speak about the stock market as though it were a machine that produced consistent returns year in, and year out.
What nobody will tell you is that the stock market is like one big casino. The turth is you’re owning share in a real company. You are purchasing an asset or investment. However, the overwhelming majority of people who are involved in the stock market see it merely as a place to make a quick buck. They will attempt to turn a profit when the market pops and will attempt to steer clear when it drops.
You better know what you’re doing if you’re investing your hard earned money in the stock market — or you could wake up one day feeling cold and sad.
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13-03-2009, 04:47 PM #1
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