this post was submitted on 02 Aug 2024
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Unpopular Opinion

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it is regulated by many the same groups who utilize the system, and so it is inherently corrupt.

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[–] Goodie@lemmy.world 13 points 3 months ago

Ypu sre right in that the stock market, especially the US stock market, is a cluster fuck.

But it's a cluster fuck that mostly goes up, with solid returns over the last 10-20 years in index funds. I'm not going to cut my nose to spite my face on that, especially when the populous alternatives, like being a landlord, tend to have serious ethical concerns.

For examples of why the market is fucked, something your argument clearly lacked, the biggest indicator for me is that news of large buys/saells tend to move the market much more than the actual buy/sale.

(Personal theory, derivatives pretty much control the market, and a buy/sell doesn't interact with calls/puts typically, but the news of a sale gets people to interact with calls/puts)