Stock market question

[historian]

Ive been in and out of the market since the 70's. Stocks used to considered a good investment - you bought a company and if it was well run you would be rewarded in the future.
Now with all the fraud and lying ceo's, as well as the speed of transactions, that is no longer true (in my opinion). Its a rigged game - the wealthy bid up a stock - dump it - and the little fish are left holding the bag.
Holding stocks for the long haul is the biggest lie ever perpetuated on the american public!

[girl gone mad]

1. Then don't buy..

at the top.

I avoid anything being hyped by analysts. Strong buy rating = we've accumulated a lot of shares and now we're ready to dump them on you.

[ozymandius]

2. It sounds like you are describing the modern vision of America.

My contention is that America is the biggest PR scam ever perpetrated: Anyone can become president; Anyone who is willing to work hard will be successful; Everyone receives equal treatment under the law; We fight wars to preserve freedom, justice and equality here at home and to help establish these abroad.

Regarding your thoughts on the market, your sentiments are correct. The past twenty years have seen a series of bubbles. You must do your homework to dissect the market to find safe investments. Bubbles have become a regularly occurring beast in the past twenty years. Wealthy investors know this and they avoid bubbles by moving their wealth around like a game of hopscotch.