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marklar's musings

Another day, another few dollars gone

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by , 6th-September-2007 at 09:28 PM (3873 Views)
No trades today, the market is depressed...

I earnt more today being at work than on the market, I guess that's a positive. Good news announcement moves one shares' price down a couple of percent, my employers' share price moves up almost 1, that's the cost of playing speccie miners rather than blue-chips I guess!

Looking about, two of my former employers' prices are down as well, I guess it's a crappy day all round, except for my employer...


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  1. vishalt's Avatar
    what are you buying exactly?
  2. It's Snake Pliskin's Avatar
    Employment is better because it is more consistent.
  3. vishalt's Avatar
    thats not entirely true. some traders are disciplined enough to rein in consistent profits, both trading and work should compliment each other in that work should give you the capital to invest so you can more than beat your savings and double what you earn basically.
  4. It's Snake Pliskin's Avatar
    A job gives a predetermined payment at times in advance. the market does not do that. the market will never give a predetermined payment that is 100% guaranteed. A job will if it is operating in a solvent manner. Insolvent businesses are ot art of this discussion. Walk through the door and you make money with a job.
  5. vishalt's Avatar
    but never enough to be rich unless you're a director or something, but those are busy lives.

    also you can get fired lol!
  6. It's Snake Pliskin's Avatar
    Being employed will never make you rich. Guaranteed.
  7. prawn_86's Avatar
    Im not sure about that snake.

    i guess it depends on each individuals definition of rich, but a CEO pulling in 10mill a yr i would classify as rich.
  8. It's Snake Pliskin's Avatar
    He is dependant on that job. So not free to not work - that's my point. Working all day for millions is not free.
  9. It's Snake Pliskin's Avatar
    ...but I guess more know more than me.
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