Making Money In the Market
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Making Money In the Market I used to own airline stock. They were packing people in like sardines. Then the whole damn thing dropped. Do I sell my stock and cut my losses? Sure. Then the market will jump sky high, including airline stock, and I won’t even get a thank you card. Congress is considering a bill to force me out of the market as an “undesirable element.” I found out that all that glitters is not gold. I own , or did before they disappeared, stock in a glitter factory. The factory was some guy’s garage. He didn’t even keep books. He paid the bills if he had money in the bank, after his private expenses. The IRS now has ten tons of glitter you can pick up for a song. The one sure way to make money in the stock market is to be a broker. Buy high, sell low, buy low, sell high doesn’t matter to the broker. He might not even know. He for sure doesn’t care. He gets his cut right off the top. It’s like owning a gold mine. Well, maybe not for me. The only other sure way to make money in the stock market is to go to Wall Street and mug a broker.