AmazonTania
1 Percenter Wannabe
Any investment will fail if its source of revenue dries up.
That's not anywhere similar to what a Ponzi Scheme is. A Ponzi Scheme is an investment operation in which you pay previous investors with the funds you obtain from newer investors
Which is exactly how the stock market works.
In your mind, probably. The stock market is generally misunderstood. I am not surprised at all why you would think this way.
When you sell a share of stock the money comes from new investors, not company profit.
No one said it didn't, but you are still confused.
Selling a stock is no different from selling any other good or service. In this case, you are selling a portion of a company. You have somehow confused yourself to believe it is a Ponzi Scheme because there is no profit to be made. Which you are still wrong, because the profit is determined by the sellers target and spot price. It's no different from a business selling a good or service. There are profits and losses. It's not the same as an intermediary taking money from client A and using those funds as returns for Client B.
Stop confusing yourself.
http://www.sec.gov/answers/ponzi.htm
An actually organization? What the fuck is that? Originating from another person's investments? LOL! A share of stock doesn't "originate from another person's investments?"
I don't remember talking about a share of stock in that passage you quoted me on. Good to know you were paying attention, and avoiding to create strawmen.
You get paid to give financial advice? LOL! To who, 9 year olds? With folks like you giving financial advice, its no surprise at all the economy tanked a few years ago.
Good thing most of my clients followed my advice and invested into foreign/emerging markets. So these supposed '9-year-old' kids I give financial advice to will probably make enough to retire by the age of 17 or 20, while you hustle wondering when your next day off is.
All the best with that one.
Are you aware that if there are no new investors available to buy the stock that old investors purchased, the value of that stock becomes zero?
You're confusing value and price. Nonetheless, are you aware that the value of the stock is determined by earnings?
Are you aware that whether or not we, as a society, are capable of producing enough goods and services to take care of those too old to work has absolutely nothing to do with whether or not we have social security and almost everything to do with age demographics?
Not being aware and not caring are two different things. It's a Ponzi Scheme all the same, and it will eventually fail, as all Ponzi Schemes do.
Last edited: