Bear market good for young investors

The article is written as if investing and the
markets are more or less static over the longer
runs and I don’t think this is true any longer.

The events of the last few years has shown,
IMHO, that the average non-Wall Street (Main
Street) investor of personal funds is basically a
chump where his money becomes game money
for those higher up on the food chain.

This country is not the country that existed in the
1930′s and 1970′s. The world has become a
much more potent competitor in many of the
markets that the US has virtual total sway in.

No longer. Much of the money made these days
on Wall Street is made by making essentially
bets on money flow and commodities…

If I were a young investor right now.. I’d be
looking for ways other than investing in Wall
Street to protect and secure my money…

right now.. I have a small nest egg separate from
my pension – and right now it is in Govt securities
..out of the stock market and probably will stay
out of it for some time to come.

I do not think I’m alone.

here’s what it boils down to for me. Do I have the
expertise to be able to understand world markets
sufficient for me to risk my money buying and
selling stocks?

Answer = No.

question 2.

do I trust the folks who represent Wall Street to
take my money and invest it prudently – perhaps
in Overseas stocks.

Answer: Hell no.

In time, perhaps this will change but right now.
Wall Street and the folks that represent them are
not in my “good guys” book.