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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Ignore the naysayers! So many people in the DC area are against capitalism and have a lot of resentment for those of us willing to take risks. I thank the poster who is offering their insight and detailed explanation on options trading. Do your own due diligence and act accordingly. As the PP mentions, if you don't like BAC, look at some other companies. Don't bet the farm, but allocate a percentage of your portfolio to this strategy and see the results. [/quote] I don't care that you're taking risks and making money (good for you!), but don't call it capitalism, call it what it really is: gambling. And recognize that this type of behavior is what has made the financial world so topsy-turvy, often at the expense of the poor and middle class. I certainly don't hold you responsible for this system just because you are savvy enough to take advantage of it, but don't fool yourself into thinking you are being productive or some sort of "capitalist." You're making money in a perfectly legal way and that should be good enough.[/quote] Hey Buddy, You don't know anything about me, where I've been, what I've done. what I do, or what I produce. So go crawl back into your sanctimonious little cave with your Cliff Notes version of Das Kapital and don't come out again until you can demonstrate proof of having lived an altruistic life yourself. [/quote]
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