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Author Topic: Why do people put money in the stock market?  (Read 2206 times)

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Offline USA4ME

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Why do people put money in the stock market?
« on: October 24, 2008, 05:34:50 PM »
Quote from:
bluestateguy

Why do people put money in the stock market? 

Forgive me for the dumb question, but it seems rather risky to me. Nothing beats a good old-fashioned regular bank account, or even having money in a safe at home.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=4300987&mesg_id=4300987

Quote from:
daggahead

3. Because they want to join the ...

Get Rich Quick Club

Quote from:
marmar

7. Same reason they drop those dollar coins in slot machines.....

Quote from:
KillCapitalism

10. Because it's a "morally acceptable" form of gambling.

Too bad they have no better odds with that than they would with Vegas.

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Thothmes

11. Same reason they play state lotteries or venture to Vegas, Reno or Atlantic City.

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greyhound1966

19. Because they were forced into it by the parasite class that controls it.

This injected the cash into the Ponzi scheme that was required to keep it going for another 20 years.

It will be interesting to see how they package the final larceny of the SS $$ in the next few years. The system is at the final stage of collapse and nobody is even hinting at replacing it so the only two options are;

let is collapse and start it over again, a truly dreadful option that will plunge the world into chaos for a generation or longer, or to inject the trillions of SS money to fuel it for another decade or two and leave it for those that will follow.

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DailyGrind51

35. They fall for the argument, "If you leave your money in the bank, you lose on inflation!"

But, at least your preserve your principle + a little appreciation, and it's FDIC insured!

There were a few who pointed out the market does good over the long haul, and that having your money make you money is a smart move, but I liked these better since it's probably a better reflection on the majority of DUmmies.

.
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Offline LC EFA

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Re: Why do people put money in the stock market?
« Reply #1 on: October 24, 2008, 05:44:09 PM »
Quote
bluestateguy

Why do people put money in the stock market?

Forgive me for the dumb question, but it seems rather risky to me. Nothing beats a good old-fashioned regular bank account, or even having money in a safe at home.

http://www.democraticunde...00987&mesg_id=4300987

Ugh. How can someone be so stupid...

Even in a high interest account in a bank you're lucky to break 10%pa on a Term Deposit.

Having money in a safe at home, that money will grow dust and maybe some mildew.

The higher the risk, usually means the higher the reward (and the higher the potential for loss of course).

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Offline JohnnyReb

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Re: Why do people put money in the stock market?
« Reply #2 on: October 24, 2008, 06:06:17 PM »
"Why do people put money in the stock market?".....with my last statement, I've been wondering about that myself....... :rotf:
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Offline PatriotGame

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Re: Why do people put money in the stock market?
« Reply #3 on: October 24, 2008, 06:09:18 PM »
Quote
bluestateguy

....

Forgive me for the dumb question...
If there was ever a single statement that represents the fundamental workings of DUmp participation, this would be it.
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Offline FlaGator

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Re: Why do people put money in the stock market?
« Reply #4 on: October 25, 2008, 07:19:51 AM »
Quote
bluestateguy

Why do people put money in the stock market? 

Forgive me for the dumb question, but it seems rather risky to me. Nothing beats a good old-fashioned regular bank account, or even having money in a safe at home.

To quote Mr. Garrison "Kyle, there are no stupid questions just stupid people."
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Offline BlueStateSaint

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Re: Why do people put money in the stock market?
« Reply #5 on: October 25, 2008, 08:57:21 AM »
Quote from: FlaGator on October 25, 2008, 07:19:51 AM
To quote Mr. Garrison "Kyle, there are no stupid questions just stupid people."

And to elaborate further, from "Dean" (Chris) Berman of ESPN, in a commercial that was on ESPN about 9-10 years ago, . . .

Quote
There are no stupid questions--just stupid people who ask questions.
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Offline FlaGator

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Re: Why do people put money in the stock market?
« Reply #6 on: October 27, 2008, 06:41:49 AM »
^5 for you
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Offline SSG Snuggle Bunny

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Re: Why do people put money in the stock market?
« Reply #7 on: October 27, 2008, 09:59:48 AM »
Putting money in government is never gambling.

Because in order for it to qualify as gambling there has to be a chance you can win...and that will never happen.
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