I'm referring to the Ponzi scheme called the stock market, which tends to be intrinsically connected to the stock market. Buying stocks is all too often like buying life insurance. To the lowly individual buying it, it's a total rip off. Unless you're in a position to benefit from the collective pool of money that it takes in it is another stock market. A slot machine is gambling that provides a return if your lucky. So, yes stocks is indeed ownership of a tiny piece of a company. And that is the idealistic part of it, the rest of the machinery (i.e. stock market) is corrupt as hell, just as you state the casinos are in Las Vegas. If anyone wants to invest their money, its better to buy land, precious minerals, especially gold and silver.
If anyone wants to invest their money, its better to buy land, precious minerals, especially gold and silver.
While I agree wholeheartedly in these as valuable investments, I assert that investing in a company you believe has real value is also a worthwhile venture.
In my case, in addition to what you have listed, I am invested in GME and DWAC (TMTG) because I believe those stocks have real value. I don't give a fuck what they are valued at in terms of Federal Reserve Notes. Those will be going bye bye real soon. But I am happy with my not insubstantial investment in those companies. I will be holding onto them until such time as I find it beneficial to trade them for something else of real value (not FRNs).
I'm referring to the Ponzi scheme called the stock market, which tends to be intrinsically connected to the stock market. Buying stocks is all too often like buying life insurance. To the lowly individual buying it, it's a total rip off. Unless you're in a position to benefit from the collective pool of money that it takes in it is another stock market. A slot machine is gambling that provides a return if your lucky. So, yes stocks is indeed ownership of a tiny piece of a company. And that is the idealistic part of it, the rest of the machinery (i.e. stock market) is corrupt as hell, just as you state the casinos are in Las Vegas. If anyone wants to invest their money, its better to buy land, precious minerals, especially gold and silver.
While I agree wholeheartedly in these as valuable investments, I assert that investing in a company you believe has real value is also a worthwhile venture.
In my case, in addition to what you have listed, I am invested in GME and DWAC (TMTG) because I believe those stocks have real value. I don't give a fuck what they are valued at in terms of Federal Reserve Notes. Those will be going bye bye real soon. But I am happy with my not insubstantial investment in those companies. I will be holding onto them until such time as I find it beneficial to trade them for something else of real value (not FRNs).