The stock market is gambling, pure and simple. People put their money in the market because they want and expect a greater return on it than what they can get at an FDIC-protected bank. They gamble that over the long run they'll get more out of the market than in a CD, for example. They gamble that they are too uninformed to make good judgments about their own money. They gamble that others are so very smart and will keep their own best interests in mind when handling their money.
Personally, I don't like giving over my money to someone else to decide where they want to place it. I did at one time, just like so many, many others. But these days there are too many variables, too much uncertainty, too many crooks, too many liars. If I want to gamble, I'd have a lot more fun going to the casinos where they offer great buffets and free drinks. At least there I'd have the fun of pulling the slots myself and not giving over everything to Wall Street and Main Street charlatans to play around with, making themselves rich. Cowardly, maybe. Able to sleep soundly each night, for certain.
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