RE: Phnx24 Oct 2023 11:18
Svend,
You talk sense - I would add that these boards are not really the place for day or short term traders. If people are using info gleaned on these boards for trading then more fool them.
You also say.... "Finally, I agree that the overwhelming majority of people would have benefited financially if they had never dabbled in stocks. This is because the stock market is a risky place, and even the most experienced investors can lose money. However, I believe that the potential rewards of investing in the stock market outweigh the risks, for those who are willing to invest for the long term and diversify their portfolio" I'm not sure I entirely agree with this. My view as a long term investor is simple, even the dog that Toff calls the footsie has it's day, long term total return is generally >6% pa (incl divs) and if compounded over a sensible period of time (say 20 years) is >9% Of course the US and some other markets are higher, even much higher. But a well diversified buy and hold strategy is unlikely to not succeed.