Quote:
Originally Posted by LivinLOS
Nothing to do with helping an economy or not (and the mountain of derivities may wll bring the whole house of cards down.. Its only been 30+ years since the gold window was closed and the global financil market have become leveraged at a near logarythmic rate)..
Using CFD's has the same outcome as using stock but with higher gearing.. Nothing more or less gambling about it than owning or selling a stock.. You think that stock will rise you buy it.. You think that stocks CFD will rise you buy it.. Both same outcomes or failures but one with far higher leverage.
I see nothing that creates a more gambled approach to the situation.
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Here's the difference. If everyone sold their stocks next week, and
"invested" the money in CFDs, the economies of the world would come to a crashing halt. Countless people would lose all their savings, and many institutions would go broke. The people who bought CFDs would lose everything, and a few smart rich guys like Warren Buffet would own the world.
The difference is so fundamental and obvious, I am amazed that you don't see it.
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LOS is warm, soft, smooth, and brown.