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by jeofken
2056 days ago
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I agree it’s sad how far this world is from perfection, and that so many don’t know about the benefits of owning capital. I wish I could convince people to spend only half of what they spend on weed and alcohol on buying stocks - it would be of great benefit to the masses. How can we show them the benefits? |
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>the stock market has little correlation to reality... It fluctuates based on personal sentiment from institutions and money managers
>a slim minority of Americans own stocks to begin with...
>most laymen investors or readers believe that the stock market is an indication of how well our economy is doing — which it’s not.
And therefore an improved stock market does not equate to an improved 'economy', and therefore it is incorrect to credit Donald Trump with an improved economy purely because tax cuts to the rich may have bumped the stock market. What on Earth does your comment have to do with that?