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Email this2:35 pm
November 8, 2009
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So is it possible that the big bosses of world governments have decided that EVERYONE should be driven into the stock market to stabilize and grow the worldwide markets? The old days of keeping money "safely" in a bank paying a bit of interest may be numbered.
Powerful groups need your cash to play with in the high stakes game of stocks. Since a market needs to constantly expand to give good returns new sources of fresh cash must be found. The controllers of the markets make billions if they blow your money away and multi-billions if they grow your money. Anyone else feel like we are being nudged in the direction of our friendly neighborhood broker?
6:37 pm
I though of that too.... Although the cash is considered king. the stock market is a better return over the long horizon. That is if you dont feed the broker.
8:08 am
There is always room for many savings & investment strategies. Remember the world bond market is significantly larger than the world equity market and banks also need the stability of traditional deposits and savings. In today's world you also don't need a broker to place your investments. If you are prepared to do the research and set-up a discount brokerage account, this can be managed on your own.
5:58 pm
I think the deal is that the standard of living for many western, 'developed' nations is being ratcheted down (examples: laughable savings return rates; expensive user fees for everything; expensive commodities; 'green' taxes; deepening cuts to services, etc.)
Simultaneously, the standard of living in 'developing' nations is rising. I now live in a developing nation.
There is one constant theme to the complaints I hear amongst expats: 'I can't afford to live in (my country of origin) anymore.' Usually these expats are English- speaking.
If you live in a western, developed nation, you're basically f***** now. Better get used to it, or not.
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