Investing is not a game Friday, June 6, 2008
Posted by ei-forum in Rants.trackback
Time for a little rant. Ok, the e*trade video is nothing new and actually quite amusing but what kind of a message is it sending out? No wonder the average ‘person’ and note we are not calling them investors gets killed in the markets!
All these companies keep on promoting how easy it is to buy stocks and people end up thinking that they are investing instead of just gambling!
E*Trade video link: here.
If the average fund manager doesn’t manage to beat the street what are the chances someone signing up to e*trade after seeing this commercial will? But then again, since financial institutions make their money on activity, no one cares what the outcome is!
Enjoy the weekend.


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