kmanm

Gone Nowhere in 8 Years

SEC and the government should be accountable for failing average hard working men and women. The market is slowly becoming a legalized gambling. Everyday it is becoming hard to trust the company executive making the best decision for the share holders. It is unfortunate that the CEO are driven by greed and short term gain. This is huge structural flaw that will continue to hurt the companies as well as the small investors.

What we saw in the last ten years with Ernorn, Mci,the financial system collapose (or near collapse), Maddof and etc are just the tip of the iceburg and a symptom of what's wrong with the system.

I for one, I don't have stock market passion as once I did. I am slowly avoiding stock market and getting into commodities and other tanagable investments. I have been investors since 1998 (right after college) and quite honestly I've learned that the system is not designed to make money for small investors.