8 ways investing is broken
Even with stocks at multiyear highs, trading volume is low and everyday investors are staying away. Here's why we're still on the sidelines.
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,Anyone who sends their money to Wall St should expect it to shrink. I cannot believe that intelligent people would send their hard earned money to those sharks.
The stock game is fixed by a handful of folks and with their computers they can manipulate the DOW up and down with the click of a mouse.
Proof? Bernanke gets heartburn, DOW drops 150 points.
The next day, Buffet states economy is recovering and it jumps 125
Next day Unemployment drops 0.01%, DOW jumps 140
Next day, Iran says they hate Isreal, DOW drops 200 points.
They use any lame excuse to bump or drop by huge amounts and make mllions either way.
And you think you can outsmart them?
Idiots lose money in real estate. Smart investors make 20-50% in real estate - at least mine do.
Get yourself a smart AND HONEST RE broker and you will get great returns like my clients do.
Crooks! I opend ira several years ago , the money SUDDENLY VANISHED, they ripped me off and I will never sink a dime in something like that.The stock market on wall street is whats WRONG with America.
You missed all those inside traders in our US Congress. You can't expect much better from Wall Street when the rule makers have twisted the rules to thier advantage.
That, of course, brings us back to the lack of leadership in our Country. Obama isn't leading our Nation.
The sheep are being sheared because of their own lazyness. You can't just hand your hard earned money over to a broker and expect a miracle. You must read and research and make your own decisions. I am 65 and soon retired, I would never hand my funds over to any inexperinced 25 or even 30 year old. I am perfectly happy calling my own shots.
My first broker was an old and wise fellow. My second broker was a shoe salesman just before he became a stock broker. I began calling my own shots with the second broker, finally after many years I stopped paying absurd commissions and moved the whole pile to Schwab. The internet abounds with research sources.
Where does the money come from to pay all these salaries on Wall Street? It comes from fees which is more or less skimming off the top. How much money has to be made to give you a fair return and pay these outrageous salaries? Just another ponzi scam.
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