The bullish prices recently should not be confused with a bull market. I’m convinced that, like the guy pulling the rope to control the ride and influence the rider’s reaction in the photo above, we are just getting jerked around. Until total transparency exists in the market, democratization (or equal chances of success) is impossible.
For a modern day example of why you should believe this, consider the internet. Have you ever seen the stats of types of sites viewed and queries made? Porn is always at the top, right? How is that information obtained? Via computer, right? The volumes of visitors and even personal information is obtained AND ACTED UPON by marketing departments all over the world. The exact same thing happens on the exchanges.
While consumers continue to make voluntary contributions to their qualified plans and self-directed accounts, large corporations run trades against you. Even the one that “matches” your contributions could be taking it back by selling what you bought when the price warrants it. As selling pressure exceeds buying pressure, they also have the potential to sell through your cost basis (placing your investments at a loss). Solutions? I’m working on it…
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