Your Direction in the Stock Market is Determined by Others Moral Compass

The following is a guest post by Taylor Laurents.


Many of the most money-minded of us decide to build a stock portfolio over the course of our lives, or at least we did up until the recent economic crisis. It was in 2008 that even the most frugal of us, the most cost-efficient and financially responsible of investors, realized that no matter how careful and modest our decisions were, they were meaningless when those at the top were reckless. Wall Street used to be considered one of the safest places to put your money for a long-term investment strategy if you had the means to do so, but now, despite insiders and topsiders telling us the opposite, we don't have the confidence in the market that we used to.

But we shouldn't look past what is still a very smart place to put our money so long as it's evident that the top tier of stock exchange power is controlled by crooked con-men. These kinds of individuals will always plague our investment avenues and trading tactics. It's inevitable, and it always has been. If you don't think so, research the crash of 1929, the recession of the late 70's, and even the Great Famine of Ireland in the mid 1800s. The existence of economic villainy is eternal, and if you think the fate of your livelihood and even life matters to these folks, think again. But if you think you're powerless, think again, again.

The solution is in our hands. Are we going to allow a great way to live happily while still building up a retirement or college fund go to waste because of a few bad apples? That's ridiculous. We need to take a stand, and it's easier than it seems. You need to know who you're dealing with whenever you put money on the stock market, and do your research to know who, from your broker to Warren Buffet, has what kind of influence on your portfolio. Much of the fate of your investments is unfortunately out of your hands, but there are those out there who have influence and can help you but won't hurt you, or at least they make it an explicit promise not to. For instance penny stock aficionado Timothy Sykes's website TimothySykes.com features many a blog-entry wherein the guru flaunts a personal vendetta against most penny stock traders who he identifies as corrupt. People like this are popping up everywhere in the wake of the financial crisis, seizing the market of disenchanted investors and traders they want to help.

I can't reassure every fear that now sits in your belly as a result of the ruthlessly reckless behavior of those who operate the highest echelons of the stock exchange. But there's no reason why you shouldn't fight hard for the right to use it without having to accept that your money is at some point moving through dishonest hands. If you've looked past the stock exchange due to the risks, just remember that the crooks have enemies and those enemies can be your friends. Just always remember who you're dealing with.


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