The Truth About The Stock Market
"But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. But thou, O man of God, flee these things..." —1st Timothy 6:9-11
Greed - A Road to Destruction
Many people have destroyed their lives by living to make money. Notice carefully that the Scriptures are speaking here to "they that will be rich" (That is--they are NOT rich yet). Millions of people have "pierced themselves through with many sorrows" by trying to retire early or "get ahead" in life. In case you haven't figured it out yet, kindly said, the rich men who control our government and economy DON'T want us to prosper. I mean, when you have to pay for 3 houses just to buy 1, something is dreadfully wrong!
When we have to keep paying into the social security system while being told repeatedly that it may NOT be there for us when we retire, something is very wrong! When we heard of Enron retirees being cheated out of their life-savings, we definitely knew something was wrong (some people personally lost over a million dollars). The most sickening part is that the politicians in Washington condoned Enron executive's crimes by doing nothing to prosecute them. This is because Enron made large campaign contributions to those politicians. God will judge those evil people!
In light of all the
corruption, government scams (like $59,000,000,000 being stolen from the
HUD program), corporate crimes, deficit spending, increased taxes and so
forth...I have no desire to even try to play their game anymore. I
have no desire to "get ahead" in life. I could care less
about working overtime, but that's me. I don't live to work.
I won't do it. I want to spend the time with my wife and
children. I'm not a slave to their system. I've never bought
a lottery ticket in my life and don't plan to start now (it's just an
added tax on the stupid). I don't gamble at casinos and wouldn't
be caught dead betting on horses (why give those greedy men and women
The Stock Market is a Scam, Controlled from Within
I also avoid the stock market, it is a man-made invention designed to take away the public's wealth, it is a scam. This has been documented (if you read beyond the newspaper). Read the following article from Richard Ney's book titles, "The Wall Street Gang" (temporarily out of print).
"The hard-hitting market critic, Richard Ney, has written three books that I know of. His first, and probably most famous, is The Wall Street Jungle, written in 1970. He next wrote The Wall Street Gang, published in 1974 by Praeger Publishers. Chapter 2 of the latter book opens as follows:
In 1975, Ney published his third book, Making it in the Market: Richard Ney's Low risk System for Stock Market Investors."
I have read so many website articles which speak of the stock market as a scam, but then they proceed to tell you how you can make money by following their advice (don't do it!). I studied the stock market long enough to know that it's all a big scam.
In the first place, the whole concept of a P/E ratio (price-to-earnings ratio) is a joke. People are suckered into paying 20, 30, sometimes even 100 times what a stock is actually worth. There is NO true value. People are taught by Wall Street con men to pay outrageous prices for a stock (because someone say it's a good deal). In reality, it's a foolish game of money swindling that has robbed the public of trillions of dollars. If you think about it, there is basically NO value to the stock market (If you were to take all of the thousands of stocks on the various stock market exchanges and average their actual earnings together, you'd find their total value to be less than 1% of what the public is actually paying for those same stocks).
In other words, your buying NOTHING! The public is taught by the greedy people who operate Wall Street that it is a "GOOD DEAL" to buy stocks with absolutely NO EARNINGS. This is absurd! People foolishly buy into these lies. These greedy and ungodly Wall Street crooks (especially the bankers) have created a SYSTEM of smoke and mirrors over the years that utilize a series of economic and governments REPORTS to manipulate alleged "sentiment value" of the stock market. They also use any public news release available to justify a market move. I've heard every excuse you can imagine for the stock market going up or down (and it's very humorous to listen to day-by-day).
Wall Street said on one particular day that the stock market went down for fear that the Iraqi Freedom war would take longer than expected. The next day they claimed the stock market went up because Saddam Hussein was missing (thinking he was dead). It's utterly ridiculous to think that the public is stupid and gullible enough to believe these lies...but they soak it up!!! Where do you think the news media gets their information on the stock market? They get their news from Wall Street's crooks! The rule of Wall Street is simple: The people who control Wall Street will do whatever it takes (even a radical move if need be) to ensure that 95% of the public losses their money. I've seen bad stocks with NO earnings soar sky-high on no news at all.
I've also seen very good company stocks go south on great news. I recall recently that Harley Davidson posted their best earnings ever and the stock tanked over $5 in one day. Can you say scam? I remember reading the internet news on IBM a couple years ago, the stock had jumped up like $15 in one day because of a dozen fantastic reports released on the internet. No kidding, the next day the stock tanked over $10 and the news was nothing but the sky-is-falling for IBM. What had changed overnight? Nothing, not one stinking thing.
Can you say scam? Several Wall Street Investment Firms were just fined 1,400,000,000 for cheating people (but they made hundreds of Billions in profit, a convenient way for them to keep getting richer. They do this stuff on purpose, expecting to get caught. They could care less because they know they are making hundreds of BILLIONS). This type of criminal behavior (where the punishment never fits the crime) is plaguing many of our American industries. It's sickening to any honest, hard-working American. People are being CHEATED on purpose, but the victims rarely ever see a dime of the lawsuit money.
I read another book by Richard Ney titled The Wall Street Jungle. Mr. Ney documents how the stock market is a fraud, controlled by scheming con artists. He shows how the stock market went up for several weeks straight, in spite of an over abundance of bad financial news. He then documents the same process, but with the stock market going down in spite of consistent good news. The point here is that the news media is deliberately given bogus news by Wall Street cons to mislead investors.
People hear bad news and avoid the stock market,
meanwhile the market is going up and the public is missing out.
The opposite is also true, the public runs in (with a herd mentality) to
buy stocks on good news, while in reality the market keeps progressing
lower and lower. People are like ignorant sheep, it's their own
fault for not THINKING outside the herd. Kindly said, you MUST
READ BOOKS and learn to THINK FOR YOURSELF.
The Stock Market Bubble Will One Day Burst . . . a Total Crash!
A day will come when money will be blowing worthless in the streets of the United States of America! Already, the U.S. dollar has lost 30% of it's worth since the year 2000. I've already mentioned that the entire stock market is a big mirage (something you see that is NOT really there). It a mirage of false wealth. The big bubble could pop in one day! Gold has real value! This is why China is wisely buying up the world's gold supply. Gold retains it's value, stocks do not. A commodity has real value! I can eat corn or bacon, I can't eat a stock.
Listen friend, the entire stock market is a big fictitious man-made invention of arbitrary numbers which mean nothing if you give it even a little thought. It's a big scam! I have also mentioned that people are paying 20, 30 or even 100 times what a stock is worth (P/E ratio). This goes against good business sense. Sure, I know there are people like Warren Buffet who made billions on Coca-Cola, but his father was a stock broker and Warren began investing at age 9. He was very fortunate and he'll admit it.
However, for every Warren Buffet there are ten thousand wanna-be rich men who have ended up losing their jobs, marriages and even their lives. The stock market makes some people lose their minds by inspiring their fears and greed. These are NOT wise emotions for a Christian to subject him or herself to.
People ignorantly put their money into the stock market, having no comprehension that the stock market is controlled from within...not without. I've heard time and time again on the early morning news such statements as, "INVESTORS decided to take early profits this morning" or "INVESTORS decided to sell at the opening of the market this morning."
Do you really think there are that many
people up at that time of morning placing stock trades? No!
The "investors" they are speaking of are the
"insiders" on Wall Street who make millions upon millions of
dollars a year. They each pay $2,000,000 just to have a seat on
the New York Stock exchange.
The Best Things in Life are Not Things!
The purpose of my article is simple friend...AVOID the stock market! There are NO secrets to outsmart the greedy rich men at their rigged game (and your in for a financial loss if you think you can). Oh sure, you might make some money at first, but more than likely you'll be sorry down the road. I realize that there are investments which are considered "safer" such as the S&P 500 and utility company stocks (some of which pay nice dividends). However, there is NO guaranteed "SAFE" investment in the stock market. These would be the only two investments I'd might consider if I were going to invest in stocks, but personally I don't want anything to do with the stock market because of all the insider corruption.
Trying to "get ahead" has ruined many families, I'm happy with what God has given me. As my old pastor Dr. Jack Hyles used to say, "There's two ways to be rich: Have all you want OR want all you have." That's a good statement. I want all I have; therefore, I am a very rich man indeed! If you're frustrated (as a lot of people are), you need to learn to relax and stop letting life frustrate you. If your burned out, sell your stocks and forget the stock market before it destroys you. Trust me, in time you'll thank yourself. Do you want true peace in life? The first step is to decide to be content with what you have.
We were born empty-handed and we'll die empty-handed. You can't control everything, but you can avoid the things which may ruin your life. It's ok to work for a living. Some people drive themselves insane trying to find a way out of work. Your going to end up ruining your life because of your greed to make money (Read 1st Timothy 6:9-11 again). An extremely small amount of investors have been lucky in the stock market, but nearly all the people who have played the stock market have lost money (many their shirt and pants as well).
The Bible has much to say about money, mainly that we're better off without it. Notice 1st Timothy 6:11 says "But thou, O man of God, flee these things..." Go fishing, take your family to the park, sit out in the yard...but don't waste your life pursuing filthy lucre (and anyone who tells you that you can "be a better you" if you had more money is a LIAR!). You CAN be a great person without money!
Money has ruined many people!!! The fact is that most of the people who posses a lot of money are not very great people. You don't need money to be happy in life, but you do need God.