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Originally Posted by PRICEPLUS
I was talking to a friend of mine the other day who thinks the stock market is a scam. He believes that the wealthy few control the moves in the market. He further believes that it is impossible to make good picks on a regular basis.
I am of the opinion that you can make sensible purchases through research and calculated risk. My position now is in mutual funds and ETFs that are Indexes and diversified. I may make selected purchases in some stocks.
What say you folks!
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I tend to agree with you, Price. I sit back and watch certain stocks like Berkshire Hathaway climb during this Bearish market, while the panic sell-offs on Emerging Markets continue...Just the "Chosen Few" are going to make real profit with stocks.
Cheers!