Quote:
Originally Posted by Phanuthier
Thanked, but to add to that, I really think some of these laws, lingo and market derivatives are made so confusing that it confuses 99% of the world. It shouldn't be that complicated. I always followed the rule, if you don't understand it, don't invest in it. I live in a utopia, but part of more oversight/regulation is needing to make these laws, lingo and market derivative understandable.. I don't have a solution for this, but that would go a long ways to improving things.
|
Another great point. I find myself agreeing with almost every single post you make.
I think part of the solution in helping people understand how the market works, how economics work, and how the finance system works is in better education for our younger generations. I learned next to nothing about finance in high school, and if there would have been courses available, I would have taken them.