The market is a scam anyway. If you’re lucky, you can add a few tens of thousands of dollars to a pension + social security after 40 years or so.
The communists’ line about “the rich get richer” is misleading. The market is most certainly rigged, except it’s to make hedge funds, politicians and the pedophile ruling class stupid rich, while destroying and bankrupting companies that the hedge funds feel are vulnerable. Where did Toys ‘R’ Us go? Crushed by the hedge funds.
>>The market is a scam anyway. If you’re lucky, you can add a few tens of thousands of dollars to a pension + social security after 40 years or so.<<
Computerized trading by huge institutional investment firms and those in the know. Small time mom and pop investors are definitely at a disadvantage.
The ol dollar cost averaging. Get paid, $$$ goes in to whatever fund whether high or low and sit on it. Those days are over. The markets are at a perpetual 52week high trading sideways.
When the trigger is pulled, billions in personal wealth gets transferred to the wealthy when folks panic sell in an attempt to protect their savings.
Whether the markets go up or down these people make out very well.
“The communists’ line about “the rich get richer” is misleading. The market is most certainly rigged, except it’s to make hedge funds, politicians and the pedophile ruling class stupid rich, while destroying and bankrupting companies that the hedge funds feel are vulnerable. Where did Toys ‘R’ Us go? Crushed by the hedge funds.”
*****
Home of the Scam, Land of the Lie.
In NewMerica, assume everything is twisted, broken, humpbacked and crooked until you receive irrefutable proof that it is anything else but that.
You figured it out. Way to go.