RE: Get Rich While Others Get Poor

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RE: Get Rich While Others Get Poor

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davebrewer (59)in #economics • 7 years ago

Stop the manipulative games of buying and selling? You are against capitalism and have another option to offer?

Is there a magic number you have defined as an acceptable profit margin a company should be allowed to make?

Apple gross margin is above 60 and Exxon is below 20. Does that make Apple bad and Exxon good?

Not sure where you were going with your post or questions.

STEEM On!!

7 years ago in #economics by davebrewer (59)

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krnel (78) 7 years ago (edited)

Pumps and dumps, rather than support for the industry you invest in. That's less of a buying and selling to make money quick mindset.

Edited to:

What if we all stopped playing these silly manipulative games of pump/dump buying and selling to make quick money and causing all these economic cycles to repeat? Can it be different? Maybe keep your money in an investment you want to support, rather than playing the pump/dumps others create to get everyone else falling for.

$0.59

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davebrewer (59) 7 years ago

Good clarifications. Thanks. I agree pump/dump schemes add little to general well-being. Exception perhaps for those that get wrapped up in the debacle, lose some savings, and walk away with an understanding they need to be more skeptical and do more research before believing in the too good to be true rags to riches opportunity.

Even better if the same folks apply their new found skepticism to politicians that promise something for nothing and new freebie entitlements. Be suspicious !!

$0.26

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