Fat hurts wrote:
Sally Vix wrote:
I will amend my original statement to say that the rules of the game DO favor the wealthy and large corporations. My main point was that small individuals can benefit greatly by investing in the stock market especially over the long haul. You have a problem with that?
No problem with that, except that for a huge number of Americans, investing is out of reach.
If you have a little money to invest, you can benefit a little.
If you are college educated and live with someone else who is also college educated, you can build a decent nest egg on two salaries if you are disciplined.
If you are born wealthy, it is extremely easy to become even more wealthy.
The more you have, the easier it is to get more. That's the way the game is rigged right now.
I would agree that the game is kind of rigged for the well-to-do. But, I would much rather have my son or daughter not have a bunch of money handed to them and instead earn what ever they are able to earn. Have her or his mate together put away a little bit each month and allow that to grow.