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The only chance for the regular guy to make money for retirement is through the stock market. No pensions and polices like 401k and low interest pretty much leave no other chance.

I am fine if Wall Streeters rip off each other but with the regular guy pretty much forced into the stock market I think there should be very tight regulation and certainly no insider training.




For a regular guy, investing in the stock market is a great idea, but trading stocks is a terrible one. (In other words, index and forget it). If you don't trade much, then insider trading is probably more likely to benefit you than harm you, since it leaks information, making prevailing prices more accurate.


What is a 401(k) if not participation in the stock (and/or bond) market?


That's my point. 401k pushes people into the stock market.


Ah. I misparsed your sentence.




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