April 20, 2011
Education starts with understanding 'the markets' that are to be regulated by our government. A government that has done little to nothing as far as oversight. Additionally, the SEC itself is very slow to enforce and move swiftly to close scam companies down let alone being able to list.
Often times it is the little guy that is the 'sucker' that makes the spread the market makers are looking to use to manipulate pricing. With the advent of the internet and self users this happens all day long. In other words, buy and hold is dead and the markets have become as untrustworthy as the Chinese markets. No trust.
Who cares if the little guy is educated to the aforementioned if the end result is his inability to make money when the trust in the markets is gone.
THE PUBLIC IS EDUCATED...BUT THE INSTITUTIONS THAT RUN THE SHOW HAVE GREEDILY SHAFTED THEM AND TAKEN AWAY ANY ABILITY TO MAKE LONG TERM GAINS.
FOR SHAME, FOR SHAME.