Comments about ‘Are Americans investing or speculating on a bubble?’

Return to article »

Published: Thursday, Dec. 12 2013 4:00 a.m. MST

Comments
  • Oldest first
  • Newest first
  • Most recommended
Say No to BO
Mapleton, UT

The DOW is driven by economic news, not sales and products of the individual companies.
The market movers are data on unemployment and consumer confidence.
That's rumor and speculation.
The Fed has killed savings rates and bond yields. How much more damage can they do?

My2Cents
Taylorsville, UT

Lets call it gambling, pulling the handle on the slot machines. Even the well informed arm chair investment wizards think they know and understand investment accounts. The fact is investment accounts specialist do not disclose any downside affects of market being manipulated by the wealthy stock holders who have billions of dollars to play with to make a million dollars and hour profit or loss.

Long term the stock market is the worst investment workers make. SSI or Social Security will pay more in benefits and longer than any investment scams. In the 2000's when thousands of baby boomers had plans to retire it shook the market so badly it destroyed all the gains and retirement dreams of those with 401k and investiture accounts. SSI is sustainable lifetime benefits, investments may have a life span of 10-15 years then investors are broke.

The crash of 1929 destroyed millions of workers lives and lost all their money in stock investments they thought were sound. The market is currently at the same point of the 1929 crash with no SSI to fall back on now. Its worse than a bubble, its a balloon with holes in it that will sink.

george of the jungle
goshen, UT

Insanity is doing the same thing and expecting a different result. That's what the Feds are doing.

to comment

DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
About comments