Thursday, November 13, 2008

Online Trading

Watching the news with my dad, or rather listening to it from the office as he is watching it, I am made wish I had the money to get into the stock market, do a little online trading and test out some of the schemes I have on things I think would be worth buying at the moment. Unfortunately, all I can do is watch from the sidelines and wonder if I would have been right about the purchases that I want to be able to make today.

I suppose that in a few months I will either be crying I could not afford to do it, or happy as can be that I was not in a position to be so foolish as to have bought the stuff I was looking at today.

My dad said the other day that the stock market was like gambling, and I can see that. You walk into a casino and drop $100 into the slots and you might win, or you might loose. You drop the $100 into stocks and you might get a big payout down the road, or you might have just thrown the money away. It is the same thrill that drives people to play slot machines.

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