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sendero

(28,552 posts)

19. People are wising up..

Reply to WestSeattle2 (Original post)

Thu Apr 12, 2012, 08:48 AM

Apr 2012

... that's why. The "retail investor" is only allowed to participate so he can get fleeced. Some of us sheep have decided not to be sheared again.

I'll never put another dime into stocks unless there is major reform to remove the fraud (program trading for example) from the system.

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36 replies

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Highlight:

Where Has All the Trading Gone? Volume Hits 4-Year Low [View all] WestSeattle2 Apr 2012 OP

If people want to gamble and get ripped off, they can go to Vegas. bemildred Apr 2012 #1

I hear that the food, entertainment, pools and golf courses are also pretty nice. amandabeech Apr 2012 #12

What about the money from 401k company matching? cyberpj Apr 2012 #2

You also get a tax break on that money. JoePhilly Apr 2012 #5

Yep. Forgot that one. nt cyberpj Apr 2012 #7

Whatever works for you! My employer didn't and doesn't offer matching WestSeattle2 Apr 2012 #6

Ummm ... the author seems to not realize that ... JoePhilly Apr 2012 #3

I note that I still pay hefty fees to the companies that JDPriestly Apr 2012 #8

Principal Financial has horribly large fees on their "funds" Kolesar Apr 2012 #15

Well ... JoePhilly Apr 2012 #16

What you do is buy quality companies that pay good dividends, and ignore the analysts and still_one Apr 2012 #4

Companies that pay good dividends? Do they exist? JDPriestly Apr 2012 #9

Averaging 7% annual on mine dmallind Apr 2012 #11

and you are spread out, not all in one company. /nt still_one Apr 2012 #24

Yes, there are some companies paying more than banks. n/t HereSince1628 Apr 2012 #13

That's not saying a whole lot Art_from_Ark Apr 2012 #18

True, banks are paying very little. HereSince1628 Apr 2012 #21

When I started my first bank (savings and loan) account in 1967, Art_from_Ark Apr 2012 #28

True. Things have changed as the monster got greedy. HereSince1628 Apr 2012 #31

Dime Kitty Art_from_Ark Apr 2012 #34

Absolutely. Most of the major pharmecuetical companies, PG, KMB, MCD, on and on /nt still_one Apr 2012 #22

yes, check out TheFarseer Apr 2012 #26

The price can still be manipulated. sendero Apr 2012 #20

let them, you will collect the dividend, and screw the manipulators. don't play their game. I know still_one Apr 2012 #23

Perhaps a large Christian group finally realized raouldukelives Apr 2012 #10

The Wall Street Ponzi schemes recently got a new boost. AdHocSolver Apr 2012 #14

All the stimulas money went to Wall Street... ended up in the stock market.. lib2DaBone Apr 2012 #17

People are wising up.. sendero Apr 2012 #19

Of course that is your choice, however, there are good solid companies with good results paying good still_one Apr 2012 #25

You know what.. sendero Apr 2012 #29

And if you're not a panicking idiot you buy more and wait for the next wave up, getting dividends dmallind Apr 2012 #32

You really.. sendero Apr 2012 #35

The repercussions of a Corrupt market start to be felt. No outsider invests in a gamed market now. Katashi_itto Apr 2012 #27

cash is king. DCBob Apr 2012 #30

With its Zero Interest Rate policy.. sendero Apr 2012 #36

Wealthy aren't paying any taxes... Evasporque Apr 2012 #33