Reply #101: You're taking advice from a personal invest advisor?

[inthebrain]

While you're lecturing people here about drinking Kool Aid.

Nobody has their retirement pinned to the stock market. The heart of their investments are in the value of their homes and SS security. 401ks I believe are a protected investment just as a money market account so they arent exactly "pinning their hopes" on the market. Mutual funds and IRAs (Which was Bush's SS plan) are what these morons are advising and no one is stupid enough to take the risk.

There is a reason why we insure money market accounts. ITS BECAUSE NOBODY IS STUPID ENOUGH TO PIN THEIR SAVINGS ON THE WHIMS OF THE MARKET!!!!!!

Which brings me to my second point. The value that is accrued in the market is on the backs of slave labor. The money that you do earn in investments is value from anothers hard work that they do not recieve a return on. Yet markets are not humane as they only rely on numbers. The value in capitalist markets have always been predicated on slave labor. Lets not even get into "passive slavery" which is what those on the lower rungs of the system have to endure. How much market value is returned on that?

Capitalism has always relyed on exploitation. If not tolerating that makes me "the fringe" then so-be-it. I'm at least honest enough with myself to admit that it's a shitty system.

After that last post I don' think you are one to lecture people on "kool aid" drinking.