So I'm debating in my own mind if the stock market is a drain on society or if it is beneficial...
We put money in for long term investments in companies.. if they go under we loose out. All it is is people playing with other people's money to try to either better the world with great inventions or make a quick buck. I personally don't see much benefit in it when most middle class people who are invested through investing companies loose their life savings or loose more than what they put in to into because the economy is in shambles or the companies they are vested in go under or just get greedy and sell out. Although I do believe in investing in the companies that will better this world and help sustain things. So why should we rely on a fluctuating market to hopefully have a nest egg for when we retire?
We put money in for long term investments in companies.. if they go under we loose out. All it is is people playing with other people's money to try to either better the world with great inventions or make a quick buck. I personally don't see much benefit in it when most middle class people who are invested through investing companies loose their life savings or loose more than what they put in to into because the economy is in shambles or the companies they are vested in go under or just get greedy and sell out. Although I do believe in investing in the companies that will better this world and help sustain things. So why should we rely on a fluctuating market to hopefully have a nest egg for when we retire?