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23/01/19
18:57
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Originally posted by Sabbath
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All I see is the average punter/ investor/ trader (algo's) being taken for a ride.
With all the daily instant updates from hundreds of sources, whether factual or fraudulent most people are in a continual state fear about the equity markets and hence our markets are not behaving as they have done over previous decades.
Personally I think most people are being played for mugs as they constantly react to daily events and wanting to beat the next headline that will drive fortunes up or down.
I'm not a big fan of social media and the only account I have is here, not sure if it falls into the definition of social media though?
Building wealth can take decades but once you have sufficient for your own personal goals then daily, even monthly, fluctuations don't don't mean a hoot and should be treated with the contempt they deserve.
I think the mainstream headline brigade is out to fleece you of your money and the redistribution of wealth is testament that they are doing a mighty job of making the poorer much poorer - don't be fooled by this massive scam.
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Please don't be too cynical and the last figures that I had showed that us average punters have a very small footprint on share ownership, IE most shares are controlled by the BIG people so regardless of what we demand, think and do we have, like politics no bearing on the scene