Your Questions About The Stock Market Is A Ponzi Scheme

0
0
0
0
0
0
0
0
0
or copy the link

Thomas asks…

Why do republicans say ppeople lost nearly a trillion $ when market crashed?

Isn’t this only true if you sold your stock? Is this just another in a long list of scare tactics? Is this another reason why you cannot trust these despicable liars?
Didn’t they sell out of fear? A self fulfilling policy? If they jumped back in, as I expect the speculators did, poof. there money is back..besides, 401s I suspect, didn’t react as quicly as the speculators. Thank you for not inssulting my spelling.
I am not sure why the nervous nellys sold. You know the market will come back. But it is hard to speculate what proportion of these losses repreent people neding the money in the short term, and how much was trying to make money in a “safer haven”.

Justin answers:

Yes, of course. It’s a paper loss for those holding the stock. It’s a correction for those stocks that are overpriced.

Some sort of bailout is needed, but hardly one that’s being rammed through. This crisis didn’t start last week and needs more than a week to be addressed. The days of CEO’s getting 10’s of millions a year using ponzi schemes, smoke and mirrors to inflate profits have to end.

David asks…

take a look at this web site www.prospera-fund.com tell me what you think. Legit or scam and why?

i have been looking at this web site they offer some extremely high intrest rates like 10% a month. but it sounds to good to be true. has anyone tried doing this? they use some kind of e-gold which ive heard good and bad things about.

Justin answers:

If its what u claimed as it pays a 10% return each month, i reckon that its a scam, ponzi to be accurate. Have you ever heard of autosurf programs, go check it out? After browsing through the prospera fund website and reviewing its policy i have a good hunch that its a ponzi scheme. There is rarely an legitimate investment that can pay u more than 5% each month (stock market and forex are speculation , shouldn’t consider as investment). No doubt there might be a good chance that forex or stock market is their main revenue, but there are HUGE risk in that. E-GOLD is a payment processor such as paypal, stormpay etc, but i suggest u to pay using credit cards, cos u can always charge back in a short period of time, if u happento find out that they are scams

Powered by Yahoo! Answers