The Stock Market! Is it a Casino Game?
The Stock Market! Is it a Casino Game and a form of Gambling?
http://preparingfor2012.blogspot.com
Duration : 0:10:24
Tags: always, analysis, Bear, blackjack, Buffet, cards, Casino, Citigroup, CNBC, collapse, Cramer, crapshoot, crisis, day, economic, economics, economy, form, Gamble, Gambling, game, General, GM, house, investing, investor, is, Jim, Kudlow, larry, lottery, market, meltdown, Motors, of, options, poker, Stear, Stearns, stock, technical, tickets, trader, trading, Warren, wins
January 13th, 2010 at 12:39 pm
Have you had sex …
Have you had sex before.
January 13th, 2010 at 12:39 pm
In some cases an …
In some cases an investment is a gamble. When you dump money into the stock market you cant always get returns. You’re talking about the difference between good and bad investments. But i suppose this argument is really semantics.
January 13th, 2010 at 12:39 pm
lol ! great stuff,
…
lol ! great stuff,
yeah, its a casino, and your down as soon as you hit that button
January 13th, 2010 at 12:39 pm
Buy Goldcorp. If …
Buy Goldcorp. If you like to gamble buy goldcorp options. — Win Win
January 13th, 2010 at 12:39 pm
I agree 100%. Where …
I agree 100%. Where are you from by the way and what do you think of the US?
January 13th, 2010 at 12:39 pm
I agree. Its a …
I agree. Its a casino, but instead of only spending a few hours in it, you spend your life in it.
January 13th, 2010 at 12:39 pm
@Rotschild – I am …
@Rotschild – I am actually from Europe too (just work in the US since a couple of years now) and i was really shocked when I found out that they managed here to force virtually every simple employee into the stock market with those 401K’s.
That explained to me, why the stocks had “worked” for so long (from the 50′s to the 90′s).
But as jonvssocrates below already mentioned, when the baby boomers pull out we should see the opposite effect.
People in Europe need to be aware about that.
January 13th, 2010 at 12:39 pm
If you bought the …
If you bought the DOW, S&P at March lows you would be up 20%. Yes, like a casino, money can be made but what pecentage actually win. Its low.
January 13th, 2010 at 12:39 pm
Don’t know your …
Don’t know your 401K’s, of course in Europe we heard from it. Anyway, I only lost in the stock market until a couple of years ago but this took a lot of thinking and I don’t know what the end result will be, saw friends lose, accountant lose, parents lose, heard of losses, losses, losses, losses. Everybody loses and loses.
But like Mark Twain probably also said, easy money is irresistible. Not so much to women I guess.. I :
January 13th, 2010 at 12:39 pm
Wait until thr baby …
Wait until thr baby boomers pull out. It’s not going to seem like a casino game, it’s going to see like a paper shredder.
January 13th, 2010 at 12:39 pm
I’m a subscriber, …
I’m a subscriber, but this video is terrible advise for readers who are lapping it up like little puppies. Unlike lottery tickets or a casino equity ownership can be stacked in the investors favor instead of the house which makes it impossible to win over the long run. There are still great fortunes to be made in the stock market for those who know what they are doing.
January 13th, 2010 at 12:39 pm
Yes, in theory …
Yes, in theory that’s correct but I guess about 90% to even 93% loses in the stock market. The 7% that wins is special, not in intelligence but more importantly in starting capital. It’s extremely difficult to earn a million from $10.000 but it’s easier if you start with $10.000.000. In the one case you have to make 10.000% and in the other only 10%.
So in practice it’s almost impossible to earn any money in the stock market. I studied it for 7 years and maybe I placed the right bet…..
January 13th, 2010 at 12:39 pm
@Rotschild – …
@Rotschild – Actually we are being forced into the stock market with the 401Ks. I have the choice of not getting the match from my employer or go into stocks.
Personally I ditched the 401K but i can understand people who think this is the wrong choice.
January 13th, 2010 at 12:39 pm
Yes. I don’t …
Yes. I don’t understand that other people still believe in the stock market. Wait, I do understand after 2 seconds thinking, they are stupid, retarded, lazy and don’t want to think individually and certainly don’t want to act in a different way then the group. Oh yeah, they also have misplaced obedience for someone in a fancy building with a fancy suit that looks at them arrogantly and tells them what to do.
Well, now we need to know one more thing. So what did you make on the stock market?
January 13th, 2010 at 12:39 pm
Yes! And I talked …
Yes! And I talked to someone yesterday in France who could not understand that the “safe” savings account she was interested in will give her negative yields based on everything else that’s going on in the economy here now, such as inflation . . .
Very, very good video.
January 13th, 2010 at 12:39 pm
Loved the video, …
Loved the video, the music was nice and the lotto tickets nice touch. Casino yes, and no free drinks.
January 13th, 2010 at 12:39 pm
One thing people …
One thing people need to know is info in a video called
“Huge Crash Coming” of 60 minuts by joomlasites
Peace
Magi
January 13th, 2010 at 12:39 pm
it only becomes …
it only becomes investing when you know the outcome with 100% certainty.
Only the boys in the club can play a winning hand.
But the inside info is leaking thanks to enterprisecorruptionand cool youtube people which will be banned in the very near future
Next crash 100% certainty
After May 6 (SHORT the 6)
why? Take a look a the next legatus meeting dates and who are their speakers.
If you dont think this is true, take a look at the past year crash dates and the Legatus meeting dates
January 13th, 2010 at 12:39 pm
Hilarious
…
Hilarious
Performance worthy of an OSCAR
yet, very true context wise
January 13th, 2010 at 12:39 pm
ca$h-ino
ca$h-ino
January 13th, 2010 at 12:39 pm
The stock market is …
The stock market is not based on reality, it’s more like a mirage or an illusion of some kind! People are still losing jobs with record unemployment and they are losing homes, vehicles, and all kinds of things. In other words, consumers account for 2/3 of spending. So then, no jobs, no recovery, no economy! It’s the “Spiraling-Outward” effect, like ripples in a pond. In reality, everything is connected, and things happen for a reason.
January 13th, 2010 at 12:39 pm
Just curious if you …
Just curious if you had won a million would you have still uploaded the video?
January 13th, 2010 at 12:39 pm
How high will this …
How high will this new bull market go?
January 13th, 2010 at 12:39 pm
Ponzi Scheme –
A …
Ponzi Scheme –
A Ponzi scheme is an “investment” operation that pays returns to “investors” from money paid by other “investors” rather than from any actual profit earned.
January 13th, 2010 at 12:39 pm
From what I hear …
From what I hear you can put anything you want on your balance sheet as long as the IRS gets their fair share. Sarbanes-Oxley is full of loopholes.