US Stock market "Rigged"

[gilesfan]

And that's how they get you. They make you think you're doing something special to keep you happy while they steal from you. If someone shaves 10% off the top and tells you you're getting richer, you'll of course be happy.

I don't think you understand how it works.

[zitothebrave]

I don't think you understand how it works.

I do. Has your buying power increased significantly?

[thethe]

Giles, do you trade on your own or use a broker?

[gilesfan]

And people like GF will just eat it up. This is disgusting. Just being robbed blind.

You have the right to decide what stock you want to buy or sell or not buy at a price you choose. If you are smart, you can take advantage.

[gilesfan]

Giles, do you trade on your own or use a broker?

Both

[gilesfan]

I do. Has your buying power increased significantly?

Yes

[zitothebrave]

Yes

By what percentage?

[thethe]

You have the right to decide what stock you want to buy or sell or not buy at a price you choose. If you are smart, you can take advantage.

And you believe its right to have people know what you are about to buy before the transaction is processed?

[gilesfan]

By what percentage?

My account I pick- about 7% per year last 3 years.
Merrill only had 1.5 to 2 years. Think close to 10%

[gilesfan]

And you believe its right to have people know what you are about to buy before the transaction is processed?

Doesn't bother me. I purchase stocks to hold long term, doesn't make difference

[zitothebrave]

My account I pick- about 7% per year last 3 years.
Merrill only had 1.5 to 2 years. Think close to 10%

And is that adjusted for inflation? And for inevitable taxes?

[gilesfan]

And is that adjusted for inflation? And for inevitable taxes?

Don't have to pay taxes till I sell.

[zitothebrave]

Don't have to pay taxes till I sell.

So the answer to both of those is no then right?

[gilesfan]

So the answer to both of those is no then right?

Right. Inflation rates are minuscule last few years

When I sell them my income is going to be close to nothing.

[zitothebrave]

You do realize that inflation over the last 3 years has gone up like 7.7%. And the Stocks have been in a sharp rise over that time period that almost certainly won't continue right? SO you see where I'm going, I don't have to spell it out for you do I?

[gilesfan]

Yep, investing in stock market has been great!

[zitothebrave]

What that means is in one of the biggest growths in the stock market where the Dow has almost tripled, you've paid someone to barely outgain inflation. If you pt that money into a number of things and gotten better return. hell if you just spent it on something you wanted you would have gotten a better return.

[gilesfan]

What that means is in one of the biggest growths in the stock market where the Dow has almost tripled, you've paid someone to barely out gain inflation. If you pt that money into a number of things and gotten better return. hell if you just spent it on something you wanted you would have gotten a better return.

After paying someone I've out gained inflation and also out gained inflation on my own account.

Since 09:

-0.4
1.6
3.2
2.1
1.5


Yet, I've gained over 7% per year. Zito calls this "barely out gaining inflation"

I will take that over spending it on 8 dollar bottles of mustard.

[Tapate50]

What that means is in one of the biggest growths in the stock market where the Dow has almost tripled, you've paid someone to barely outgain inflation. If you pt that money into a number of things and gotten better return. hell if you just spent it on something you wanted you would have gotten a better return.

[Tapate50]

You do realize that inflation over the last 3 years has gone up like 7.7%. And the Stocks have been in a sharp rise over that time period that almost certainly won't continue right? SO you see where I'm going, I don't have to spell it out for you do I?

Source ?