Quote Originally Posted by David88vert View Post
In every transaction (market or otherwise), there are winners and losers. If someone increases their wealth, someone else has lost some. The trick is to maximize your advantage in any transaction, and you can do that at any point - it does not matter if the market is moving up or down. Look for any transaction where it is undervalued.
The old way the market worked, I would agree. But now that the government picks the winners and losers... Nothing the stock market does makes sense to me anymore. I truly believe they are doing nothing but preparing to steal your wealth in order to pad their pockets when it all comes tumbling down. Look at the debt America and the European countries have racked up... There is not enough money in the world to pay that off. I do not however, subscribe to the Chinese ending up owning everything. I think they are in just as bad shape as we are, but since they are a Communist dictatorship their books are not open like ours are.

Quote Originally Posted by Browning151 View Post
LOL, not too far from the truth. And I'm OK with that.