LogFAQs > #934895115

Blaqthourne posted...

I think I prefer being stupid.

I'm not saying people are stupid for investing (gambling) on the stock market, just that people saying it's not a gamble are well......wrong.

Maybe it has good odds, but it's a gamble, straight out gamble. The idea that if you wait long enough the stocks will bounce back, or the evidence that over time it has just gone up, could have been used for the housing market not that long ago before it drastically crashed.

If your careful and smart you can probably avoid a massive loss, but...at the same time you can get 2% with no risk at all (thought it's getting harder to get more then 1.5 now).

8% of course (and if your lucky more than that) is waaay better, don't get me wrong, but.....right now there is a bunch of things that could seriously thrash the stock market in the next few years. I consider it a risky gamble at this point honestly.

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