Wednesday, September 12, 2012 - 4:00 PM

Reasons To Not Trust The Stock Market

A guest blog contributor at Bargaineering makes some good points about why he doesn't trust the stock market. Here's an excerpt from one of his reasons:

By an amazing coincidence, the Wall Street mantras piously preached to individual investors—buy & hold, don’t try to time the market, only stocks beat inflation, you can’t retire comfortably if you don’t put the lion’s share of your financial assets into stocks—also serve to grow and sustain Wall Street, magnificently.

KenBDG5,144 posts since
Nov 29, 2009
Rep Points: 117,019

1. Wednesday, September 12, 2012 - 6:22 PM

I agree; Stock Market and the associated Wall Street constitute the biggest lie in this universe. And worse yet, most of them get away with it, earning millions, if not billions, of riches.

51hh1,034 posts since
Jan 16, 2010
Rep Points: 4,735