Friday, August 28, 2009
Gambling, with none of the addiction
I'm currently working on obtaining my CFP and it's hard, really hard, in fact I'm not sure why I ever thought it would be a good idea. But, I digress, what I actually want to complain (shocker, I know) about today is stocks. Stock options, stays, puts, shorts, and longs...all a bunch of words and ideas that a man must have come up with. Buying and selling stocks and stock options is so freaking complicated, tedious, and annoying that I don't know why anyone does it, other than people who want to gamble but don't want to admit to having a problem. Honestly, you can "bet" on how a stock will do and buy an option to buy the stock at a later date or buy an option to sell a stock for a certain amount in the future. I mean honestly, why not just buy and sell the stupid, crappy stock and be done with it? Why buy the option, to buy the option, to buy the stock, to sell the stock, to date the stock and have kids with it but only if it reaches a certain amount otherwise let it expire and die???? I mean, you can't even commit to buying something outright, you want to hedge your bets and decide in a year or two if what you wanted to buy in the first place is still what you want. See, it had to be a man...can't make a decision on their own and stick to it :) . They need to be reassured they have bought the best and will make the most from it or they want an out, an option out.
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