(01-04-2018, 07:50 PM)TJBender Wrote:

(01-04-2018, 03:19 PM)StroudCrowd1 Wrote: A company not matching isn't an excuse to not save for retirement. That is the individuals fault.

I was simply combating TJBender's point that only rich people are benefiting from this market which is simply a big fat lie.

Companies artificially raise their stock prices by firing large numbers of employees. These actions benefit the major stakeholders, typically the high-priced executives and board members, and screw the rank and file.

My issue is not with the stock market. It's with this longstanding insistence upon using an easily-manipulated number derived from 30 cherry-picked companies that can be dropped for underperforming. And what's the fastest way for an underperforming company to raise its stock price?

Fire a few thousand little people just like you and me.

Companies artificially raise their stock prices by firing large numbers of employees?  Where in the world do you get that idea?  That statement reflects complete ignorance of what the stock market is and how it works.  Amazingly ignorant.

Do you know what a share of stock is, and how a stock is valued by the market?  What would induce someone to buy a share of stock?  What causes a stock price to go up or down?  You should start with those questions.  You have the internet in front of you.  Educate yourself.  Please!

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