I know how to play their game but so many DON'T. The only problem, you never know if this will turn into a bear market or just a normal 10-15% correction. I think it really is like the organized mob. There are so many crooks out there.....What say you?
2007-08-23 02:29:53 · 5 answers · asked by TNT 1 in Business & Finance ➔ Investing
IE...This latest 10% correction....DOOM AND GLOOM everywhere last week and all of a sudden back to SUNSHINE and ROSES....lol...what a joke.
2007-08-23 02:30:52 · update #1
No.
The market is too big for anyone to manipulate it. BUT: the shakeouts in individual stocks, particularly smaller ones, are often the result of manipulation precisely for the reason you stated.
2007-08-23 03:08:08 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It's not a scam. It's great to have dividends because you know how much you can make on your money, but that demand for stock goes up and down in a very real way. When the demand is high and you sell at a price higher than you bought, you certainly make money. And if you look at history, for people who hold stocks for a long time, they tend to do better than anyone who just puts their money into CDs or savings accounts. The interest you make has to beat the rate of inflation or you are essentially losing money. While there is definitely risk in the stock market, I've done fairly well and advocate having a diverse portfolio with the majority of your stocks long-term holds.
2016-05-20 22:59:58 · answer #2 · answered by selena 3 · 0⤊ 0⤋
The stock market is too big to manipulate and has too many competing players to be able to have a conspiracy.
Remember: many publishers require that their business reporters not be active in the market to avoid conflict of interest. Think about it. That means that most of the writing you see about trading is written by people who don't trade. The rest comes from people who are trying to sell you their book or service. Read the news for facts only and for your own opinions,
2007-08-23 03:50:25 · answer #3 · answered by Ted 7 · 0⤊ 0⤋
I might agree, except that no fund manager of any fund I've ever had a stake in (many over the years, and some of them pretty large) has ever done anything except sit out market movements like this, even though these people should surely be the "big boys" of the market. I guess I've just been in the wrong funds!
2007-08-23 02:41:55 · answer #4 · answered by Sangmo 5 · 0⤊ 0⤋
No. This is not a scam. But you are right - it could go either way. That's what is scary about the market - no one knows. China holds 10 billion in sub-prime right now . . . They have essentially been financing the U.S. war debt - how will they react? Will this spread into other areas of consumer finance - how will this ultimately effect consumer confidence. What we're experiencing is the unknown effect of unproven investment vehicles. . .
2007-08-23 02:56:46 · answer #5 · answered by CHARITY G 7 · 0⤊ 0⤋