Reply to So Sick of Stocks can anyone besides the large investors / manipulators make money?

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[quote=Anonymous]Gold also hit a high of  something close to $775 in about 1983 and the gradually dropped to about $300 and stagnated there for 20 years. Gold has no real value other than what so other fool is willing to pay for it.

For hundreds of years the Spanish had tons of hold and silver. So much so that they never bothered to industrialize.  All the while the British just had spinning jennys, looms, and a hunger for world domination. Eventually, the gold ran out and Spain lost its power and influence. Great Britain and other industrial nations then went on to rule the world.

Gold only has value to Doomsday Preppers. That's why their always running those dopy gold and silver coin advertisements on Fox with William DeVane and those equally ridiculous pretentious people with the English accents. If gold and silver are such great investments why are they selling???  Why are they keeping it all for themselves???

Taking responsibility for our own finances can be frightening because our welfare beyond the year when we can reasonably sell our labor for wages depends on these decisions we make now. It's a frightening thought to potentially make that kind of a monumental mistake.

You have to be brave and you have to believe in yourself. Start by finding a basket of about 30 different companies that have a long history of paying dividends. Buy about 300 dollars worth of stock in each of these companies and st up your brokerage account so when these companies pay their dividends every three months the dividends will automatically be reinvested into more shares of stocks usually without any brokerage fees. Over time if you do nothing you'll be surprised how much this small investment will grow. If you add funds to it through the years all the better. The Internet is loaded with ideas about "Dividend Achievers", "Dividend Champions", and Dividend Reinvstment Programs.

Vis a vis' stock price manipulation it's not much of a problem for long-term investors. Corporations have a basic underlying values. Over time the underlying values of companies will emerge. Stock market manipulators can drive share prices up or down in the short term, but they eventually have to reverse their positions or they'll go broke. Having said that stock price manipulation is part of the game, but in a world with an expanding consumer population where homes, transportation, infrastructure, and consumer goods are constantly wearing out and being repurchased this is the time to be a fearless unrepentant Capitalist. [/quote]

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