Your money in the Dow????

[Too Busy]

It has moved back in time to October 2003. 4 years of gains have been erased in the past year.:eek:

[steve grossman]

And who will be held accountable for our losses??

[Too Busy]

That's the beauty of it. No one is ever held accountable.

[hamlet]

who ever guaranteed you gains?

[saltandsand]

who ever guaranteed you gains?

Those who were paid millions and millions and millions and millions in compensation for their well refined and seasoned business acumen. :D

Oh I forgot... they paid those gains to themselves... :D:D

:popcorn:

http://www.the-privateer.com/chart/dow1.html A chart since 1987.

[steve grossman]

Is it true the rich have always worked over the poor, and middle class; I mean take advantage of, for personal gain; I mean Capitalism??

[saltandsand]

Is it true the rich have always worked over the poor, and middle class; I mean take advantage of, for personal gain; I mean Capitalism??


There is the exception of trickle down... that helped us out immensely... :D

[jhmorgan]

who ever guaranteed you gains?


Agreed. Americans have come to expect the SM to guarantee them this great future lieing just beyond the horizon. The SM is, and always will be, nothing more than a gamble. How wise is it to invest all of your money in the SM? All of these new age technologies that invite users to buy and sell stock at the click of a button, and without any sound economic advice, only further weakens the market. Now I understand that not every trader is a genius, and that there are regular citizens who can make immense gains on the SM, but it scares me to think of people buying and buying and buying stock wihtout understanding the repercussions. Of course stocks are going to become overinflated, and eventually drop, when people are gobbling them up.

Of course, as a 21 year old who has lost probably 2-3k in stocks over the last year, it makes me mad to see it happen, but I fully understood that a Stock Market has fluctuation and that losses are just as likely as gains.

[saltandsand]

Agreed. Americans have come to expect the SM to guarantee them this great future lieing just beyond the horizon. The SM is, and always will be, nothing more than a gamble. How wise is it to invest all of your money in the SM? All of these new age technologies that invite users to buy and sell stock at the click of a button, and without any sound economic advice, only further weakens the market. Now I understand that not every trader is a genius, and that there are regular citizens who can make immense gains on the SM, but it scares me to think of people buying and buying and buying stock wihtout understanding the repercussions. Of course stocks are going to become overinflated, and eventually drop, when people are gobbling them up.

Of course, as a 21 year old who has lost probably 2-3k in stocks over the last year, it makes me mad to see it happen, but I fully understood that a Stock Market has fluctuation and that losses are just as likely as gains.

I watched a report the other day that compared stocks to gambling and the conclusion was that your odds of a positive return are better at Las Vegas.... besides at least you'll have some fun.

And consider that many of the average investors that are slammed by this mess will NEVER return to the stock market. Thus creating several other problems.

[bctom]

when Apple hits 70-75 I'm buying, way too good to pass up.
Krispy kreme at 21 and 2 for 1 split twice then sold at 105, treated me ok.
Hoping apple will do the same.

[Fireline20]

The problem is too many people invest for short term gain.

Without a doubt, if you look at the stock market for the past 20-30 years, your investment, dollar for dollar is much better than putting it into other investments.

Lesson, don't expect to go to Vegas for a weekend and expect to make it rich and don't expect to invest in Stocks and make it rich over night.

Not to say that the current market should make anyone happy, but then again, I had the foresight to move all my money over to Bonds and now am making 5-6% guaranteed:cool:.

Greed kills