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In reply to the discussion: True or False - The Stock Market is a Scam [View all]L0oniX
(31,493 posts)46. DOW index is bullshit! No adjustment for inflation.
Stock market does not represent the majority of the US people ...maybe 10% at best. 401k's a scam.
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Neither will the Nader and the rand Paul/David Duke lovers ever admit what they did in 2000
graham4anything
Mar 2013
#22
One could just as easily say-no one would refuse to have one share stock go up to 100 shares
graham4anything
Mar 2013
#43
Because he is a prototype him that Jeb is going to exploit with Rand/Duke
graham4anything
Mar 2013
#36
One of the first things I learned about investing in stocks is that if you regard it as gambling...
slackmaster
Mar 2013
#5
Very nice description of how it works for people who pay attention, but one slight correction
1-Old-Man
Mar 2013
#15
It's a sponge for unconsumed capital. It's money chasing money instead of buying work
Bucky
Mar 2013
#10
I was going to say completely false, but there are some sleezy actors in the stock market as well.
denverbill
Mar 2013
#25
As it exists today, it is a scam. In its early days it was a useful organization that grew out
Egalitarian Thug
Mar 2013
#21
"Some will rob you with a six-gun, some with a fountain pen." Woody Guthrie
Tierra_y_Libertad
Mar 2013
#31
Scam? Maybe not. But an unequal and unfair market? At least at times, certainly.
HereSince1628
Mar 2013
#41