I've made money in the market. I have yet to have a year in the red. I do admit it is getting harder to figure out which stocks to buy. Lately I have been buying too high, I'm back in at 3.6 with CIM because I was looking where to park some money and saw CIM was a lot cheaper than I would expect. Apparently, it was still too expensive.
Wrong , the way I look at it, the economy is being manipulated through the fed & Obama democrats to seem to be doing well artificially . Companies are not hiring ( evident through high jobless claims over 400,000 & high unemployment rate) the majority are cutting overhead & whatever else they could get a hold of to cut,& are making it appear as if they're doing well, outside of a few companies in certain sectors that always do well regardless of the economical situation.Example aapl ,& a few others.the rest are being driven up by QE1& QE2. In the meantime , all the news that comes out is almost like a bunch of noise & nothing else when u compare it to the powerful force in which QE1& QE2 have had in moving the market. Therefore I believe corruption in the market becomes evident upon the ending of those programs ,when all the hedgefund , money managers trade the market down on all the current headlines that are out ( that's when the bad news out really comes into play & moves the market down).
>>>Companies are not hiring ( evident through high jobless claims over 400,000 & high unemployment rate) the majority are cutting overhead & whatever else they could get a hold of to cut,& are making it appear as if they're doing well.
They are doing well. Increasing productivity is doing well. Making money is doing well. Hiring is only if you need the productivity inherent in a larger workforce, and they don't need that. It is not smoke and mirrors to keep costs and scales at the level of demand, and maintain profitability.
The market has become a short term trading vehicle, rather than a lng term investing vehicle. It is dominated by the VERY short term high frequency trading.
I used to trade a lot, and I am trying to stop that, and convert to old-school buy-and-hold. I think that if I trade, I am plaing the casino, and playing a negative sum game. Sometimes you win in a negative sum game. I've won in Vegas, even though the average gambler loses.
In any game with large numbers, the outcomes will follow some distribution, with winners and losers. It is difficult to determine if winning is a matter of skill at the market or random chance. So be careful, even if you are winning.
To make a long story short,those end of the world stories, most are true but the corruption comes in the form of QE1,& QE2 & the safety they provide to hedgefunds , money managers so that they can continue to drive stocks& commodities up only to turn around & sell everything & suck the blood out of the market upon completion of these programs.