(03-06-2020, 08:52 PM)Caldrac Wrote: You have to have no empathy to be successful in the trade and stock market. These people are soulless. Most successful Investors are soulless.

Brokers bribe the office managers. Office managers bribe regional managers. And it goes up and up from there. Even "Compliance" officers can be bought out. And that's the problem.

"Money" is just moving around in a system now. There's no real value anymore. It's all bogus until a bubble pops. And then we have to rely on the Government to beg and borrow for bailouts from the Federal Reserve.

It's a self cannibalizing snake at the end of the day. So when you say "It just evaporates into thin air". I disagree. Someone caught that evaporation off the books and stored it in a nice cloud. Literally. Probably a [BLEEP] cloud in some dweebs desktop PC or laptop and they'll just save that "lost" money for a rainy day.

They just siphon it right on out.

That is complete BS.  

To be successful in the stock market all you have to do is buy an index fund and hold it.  Forget about all the bouncing up and down because people are trading in and out trying to get an edge.  You don't need an edge.  You just need to be in.  Because all you're doing is buying a share in a bunch of businesses, which are mostly run by very smart people who know how to make money.  Why would one not want to own a share of that?  

Forget all the day to day noise.  It's meaningless.  In the long run, human ingenuity, ambition, intelligence, and greed will win out, and you will have a share of it.  Capitalistic business will always win out.  Buy into it, hold onto it, go play golf or something, and in time, you will be successful.

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