Originally posted by: RobCur
Originally posted by: Kibbo
RobCur,
I'm really sorry that your family got burned by the market. You seem to be implying that your broker pulled something shady, if that is so, it might be worthwhile to contact a lawyer. If instead you were burned by Enron et al, the I hope that you can take comfort that those suckers are gonna hang.
Otherwise, I think that your opinions are a little reactionary. The fact that some people manipulate their knowledge of the stock market in order to rip off those that don't have it does not mean that the market itself is bad
If you lend money to a bank, you are paid for that service in the form of interest. In the stock market, you are paid more than just the interest rate because you assume more risk. You are being paid extra for the fact that you may lose. It's like playing the tables at Vegas, but the difference being you have a greater chance to win money than to lose it. Thing is, just like some people can win money at the tables in Vegas, some people lose money on the markets.
Educating yourself is the best way to prevent both losing money and getting ripped off. As in all things in life.
you haen't lost enough to realize its a scam, keep playing the game, one day you be a millionaire, no make that a billionaire. /sarcasm.
If you are not a stock broker, your chance of winning... .0000000000001 percentage.
You're too money crazed, too desperate to make easy buck = lose all in then end. I'm dead serious, very few of them investor manage to make a little profit and think damn this is good! and goes around spamming the board tricking everyone to invest into their scam, so the stock will rise then quickly sell for $$$. What you have is people getting ripped off everyday, if you call this business. I call this stealing from right under our noses and ain't no one gonna can do a damn thing about it unless no one invest in this bs. whatcha call this type of spam? speculation of making 200 percent and up to 1000 percent returns(pure profit LMAO)? these evil brokers will fall to pieces like a ton of brick on itself if no one invest in their crap. so you admit that this is gambling? and is infact illegal but because it's good for business, it's legal?
READ MY LIPS ALL: IT'S A BIG SCAM!!! DON'T BE A SUCKER, BE SMART AND KEEP YOU SAVINGS FROM THESE HUNGRY THIEVES... THE END.