That’s why they call us “dumb money”. They don’t call small investors like us “dumb money” because we are dumb literally. It is because we can’t get organized and act like one entity.
Smart money on the other hand, they are organized. Only a few people control the majority of the total wealth and they all act the same way at the same time. When they realize they should unload assets, they all do it at the same time.
Dumb money can have a chance to win if they get smarten up and but that’s never going to happen. As you noticed, if they were acting smart and organized, people wouldn’t call them dumb money in the first place.
Some small investors who control dumb money can win every once a while and that’s not very uncommon. But when you look at the bit picture, the majority of the small investors are losers.
Topic: We care about the economy, but we can't change its direction - page 4. (Read 616 times)
I need to say that to change something big like a country's economy which obviously requires political decisions that issue economic policies requires a great personality, you can't change it if you don't have a clear basis for doing or conveying things that cover the macro economy.
But you can improve yourself, you can do it starting with your family's economy, you can touch it, look for opportunities in every bad thing that exists and if you can defend yourself much better than people who are struggling in your environment, it means you have succeeded in changing the economy even though it's only your family's scale.
This cannot be touched by the little people who have nothing, when they speak out it will definitely be considered a passing wind, because those who have a much better position understand what the situation is like now, they are looking for solutions while saving themselves, entrepreneurs and presidents also cannot act carelessly, he must see the domino effect of the good and bad that is obtained if he takes action to make changes.
But you can improve yourself, you can do it starting with your family's economy, you can touch it, look for opportunities in every bad thing that exists and if you can defend yourself much better than people who are struggling in your environment, it means you have succeeded in changing the economy even though it's only your family's scale.
If you think you're powerless, then you're powerless, as simple as that.
Someone who know his value and power will not think like that, example you're top 10 successful businessmen in your country or a president, you will not think you're powerless because you know you have a lot money or you have the biggest power to control your country.
If you're not 10 successful businessmen or a president, you can't influence the economy.
Someone who know his value and power will not think like that, example you're top 10 successful businessmen in your country or a president, you will not think you're powerless because you know you have a lot money or you have the biggest power to control your country.
If you're not 10 successful businessmen or a president, you can't influence the economy.
This cannot be touched by the little people who have nothing, when they speak out it will definitely be considered a passing wind, because those who have a much better position understand what the situation is like now, they are looking for solutions while saving themselves, entrepreneurs and presidents also cannot act carelessly, he must see the domino effect of the good and bad that is obtained if he takes action to make changes.
But does this mean we’re truly powerless? Do you think there are ways we can influence the economy, even if just on a small scale? Or are we simply left to protect ourselves and make adjustments within this system?
You may not have the capacity to make any significant change about the economy but what you need to do despite the harsh economy is just for you to try your best to focus on yourself to make things better for you. If you concentrate on the economy and inflation it can make you to lose focus and give up on the things which you will do that will bring value to you. Do you know even when the economy is tough some people still make money for themselves, it is an opportunity for some people to generate more money. Those who benefit in difficult economy don't focus on the economy but they think of what to do which can solve the problem of the masses. Don't wait for the government to solve economic problems, but think how you can manage to survive in the crisis.
But does this mean we’re truly powerless? Do you think there are ways we can influence the economy, even if just on a small scale? Or are we simply left to protect ourselves and make adjustments within this system?
The government controls almost every aspect of our lives and it is frustrating sometimes. Big companies enjoy monopoly and it becomes difficult for consumers to stand against their exploitations. We are not powerless since some of these governments a democratically elected. So we can vote them out during the next elections. If we are not comfortable with the present government, it should be reflected in our vote in the next elections. Another potent means of showing that we are not powerless is through industrial actions (strikes) and protests. This year there were several protests which led to the change of policies and even governments.
Adjusting to the system of high inflation and imposition of high taxes is becoming unbearable, so we need to put in place a government that is willing to alleviate the sufferings of the masses. Corrupt leaders should be forcefully thrown out of office by all legal means.
Almost everyone is concerned about the economy: prices, housing, wages, stock market fluctuations… Yet, despite our intense focus on these issues, as ordinary individuals, it seems like we can't make a dent in them. Economic policies, global markets, and decisions made by big companies often dictate the direction of the economy, and we can only passively accept it.
But does this mean we’re truly powerless? Do you think there are ways we can influence the economy, even if just on a small scale? Or are we simply left to protect ourselves and make adjustments within this system?
We genuinely care about the prices of of wages, housing, stock market fluctuation and the general price of goods and services in our economy because it affects us directly. The question of if we are powerless, let's get it clear, the Government are the ones that collect revenue on our behalf, they generate income from our tax, they do that because it's believe those money are meant to use and run the system effectively, so that housing and goods and services can be affordable for the citizens.But does this mean we’re truly powerless? Do you think there are ways we can influence the economy, even if just on a small scale? Or are we simply left to protect ourselves and make adjustments within this system?
Now when the government refuses to play her own part, it then means there is a breach of agreement on the side of the government on not fulfilling her part, so in a bid to show to the government that they are not being proactive to our plight, is either we protest or we wait till election comes we vote them out, to vote in leaders that will help solve our problems. In doing so it has shown that the office of the citizen is not powerless but one of the most powerful office you can occupy.
Almost everyone is concerned about the economy: prices, housing, wages, stock market fluctuations… Yet, despite our intense focus on these issues, as ordinary individuals, it seems like we can't make a dent in them. Economic policies, global markets, and decisions made by big companies often dictate the direction of the economy, and we can only passively accept it.
But does this mean we’re truly powerless? Do you think there are ways we can influence the economy, even if just on a small scale? Or are we simply left to protect ourselves and make adjustments within this system?
But does this mean we’re truly powerless? Do you think there are ways we can influence the economy, even if just on a small scale? Or are we simply left to protect ourselves and make adjustments within this system?
We can vote for a political party or a candidate, that can change the economy, if they gather enough votes and get elected.
This is our only power, but it only applies to people, who are living in a functioning democracy. The people living under authoritarian or totalitarian regimes don't have such power. Electing your favorite politician or party sometimes can lead to a worse situation, because the politician/party often forget their promises and start doing the opposite of what they've promised.
Other than this, we can't do anything to change the economy. We can only adapt and try to take benefit from the economical and financial situation in our countries and the world in general.
People care about the economy like prices, housing, wages...because it directly affects their lives and they care about it to find ways to balance their lives. I don't think everyone who cares about the economy wants to change the direction of the economy.
Personally, I have never spent time trying to find a solution to save the economy or do anything to change it because it is beyond my ability, so I don't want to waste time on that. Instead, I look at economic fluctuations to find solutions that help me adapt to them, and that's what we should be aiming for. Instead of criticizing or offering vague solutions when we don't have the knowledge, expertise and ability to change them.
Personally, I have never spent time trying to find a solution to save the economy or do anything to change it because it is beyond my ability, so I don't want to waste time on that. Instead, I look at economic fluctuations to find solutions that help me adapt to them, and that's what we should be aiming for. Instead of criticizing or offering vague solutions when we don't have the knowledge, expertise and ability to change them.
If you think you're powerless, then you're powerless, as simple as that.
Someone who know his value and power will not think like that, example you're top 10 successful businessmen in your country or a president, you will not think you're powerless because you know you have a lot money or you have the biggest power to control your country.
If you're not 10 successful businessmen or a president, you can't influence the economy.
Someone who know his value and power will not think like that, example you're top 10 successful businessmen in your country or a president, you will not think you're powerless because you know you have a lot money or you have the biggest power to control your country.
If you're not 10 successful businessmen or a president, you can't influence the economy.
Almost everyone is concerned about the economy: prices, housing, wages, stock market fluctuations… Yet, despite our intense focus on these issues, as ordinary individuals, it seems like we can't make a dent in them. Economic policies, global markets, and decisions made by big companies often dictate the direction of the economy, and we can only passively accept it.
But does this mean we’re truly powerless? Do you think there are ways we can influence the economy, even if just on a small scale? Or are we simply left to protect ourselves and make adjustments within this system?
But does this mean we’re truly powerless? Do you think there are ways we can influence the economy, even if just on a small scale? Or are we simply left to protect ourselves and make adjustments within this system?
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