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finance
the stock market is a scam.
submitted 4 years ago * by SubliminalCriminal from self.finance
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[–]Druullus 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 4 years ago (2 children)
Only a fraction of 2.4 billion i.o.u.'s(stock shares) have been bought for $257.00.
Why wouldn't one make a profit if one bought Facebook at $150 and sold at $250? https://finance.yahoo.com/quote/FB/chart?p=FB
[–]SubliminalCriminal[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - 4 years ago (1 child)
the problem with ponzi schemes isnt about the people that are able to cash out for a few bucks in the beginning...
the problem with ponzi scams is the people in the end that get left holding a bag of hot air.
zuckerberg already has everybody's cash, and when the market crashes, do you think he is going to give you anything back?
dream on.
[–]Airbus320 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - 4 years ago (0 children)
I don't want hot air, what should I do? Buy Intel from Israel or Amd from China?
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[–]Druullus 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (2 children)
[–]SubliminalCriminal[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - (1 child)
[–]Airbus320 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (0 children)