Talk of The Villages Florida - View Single Post - Black Monday on its Way
View Single Post
 
Old 04-08-2025, 08:25 AM
RickyLee RickyLee is offline
Member
Join Date: Dec 2021
Posts: 88
Thanks: 458
Thanked 48 Times in 26 Posts
Default

Quote:
Originally Posted by Cliff Fr View Post
IMO with the exclusion of solid dividend paying stocks, the market is a lot like Las Vegas. It has little resemblance to the what the hard working labor class workers are faced with in their daily lives. For individual investors it's almost like a Ponzi scheme. For institutional investors like Goldman Sachs with super computers its a profit making machine. The bad thing for our economy is that whatever "profits" are made by "playing" the stock market are not earned. Nothing was produced to earn that profit and no service was provided to earn that profit.
I strongly disagree, some make money with their hands, some make money with their minds.