SillyWilly wrote:BTW, at current levels I wouldn't dream of buying. That's why I said, I'll put it on my shopping list for when there is blood in the streets.
and that's why we hate the speculators - no soul!
I'm going to make the rational capitalist argument: invest capital in businesses you can trust in a market you can trust or leave it idle. The 'get-rich-quick' club are all smoke and mirrors. Maybe they like it that way, maybe they are themselves deceived, maybe they enjoy deception or maybe they think they can profit from it. Maybe they are simply immoral.
Why don't you check out social banking such as Bank to the Future
. There you can team up with real investors and people with real ideas. Maybe you can come up with something. Try micro-finance initiatives or setting up a co-operative. These things create money and jobs and actually improve the world, rather than sucking the life out of it like a virus.
The main problem is that there is a global downturn which is in fact a depression so there is hardly any market for anything
. It's called a bear market for a reason (for the pun
of it, surely!?).
Or just go down to the casino? You might win...
The way I see it is that the market goes up and everyone appears to make money then the bubble bursts and it looks as if everyone has much less money. The only people really making money out of this disaster are those in the financial services because they sell the thing that everyone wants
So, if he has no soul, the OP should invest in working for a bank; otherwise he could consider something other than pure profit margins and the ever illusive get-rich-while-doing-nothing. He could think of his soul and how his happiness is ultimately dependent not on his financial wealth alone but on the happiness of those around him.