Quote:
Originally Posted by lookout123
So what you are saying is that you buy stocks with no concern for what they'll be at some point in the future?
Nooo, you invest to make money for yourself. The likelihood of profit is just greater in well run companies who also happen to be innovative. Don't mistake motive for method.
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I'm not saying people don't invest hoping stock will go up in the future, of course they do. But speculators and short sellers and the like MANIPULATE THE MARKET to
artificially make prices go up or down so they can make a lot of money in the short run, then they pull out and everything goes all wonky and collapses. THAT is what I'm talking about. They use unethical practicies that should be outlawed, because they are the cause of millions of people losing their savings, their retirement funds, companies going bankrupt, etc. They have caused several crashes, and now they have caused a global crash. They need to be stopped,
period.
If Obama had not pumped so much money into the economy so quickly we would probably still be on a downward spiral and in a depression, but of course he gets reamed for doing it, sooooo...