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<p>[QUOTE=&quot;mikem2000, post: 1728354, member: 30574&quot;]Ok, one at a time.&nbsp; Day trading has nothing to do with inflation, it is simply a way to capitalize on VERY short trends in the market.&nbsp; Now if you don&#039;t have a job, and you have no money your dollars cannot inflate away, can they.&nbsp; Now if you don&#039;t have a 401K, why is that? Some folks would rather spend their bucks on lavish vacations then putting some away in a 401k. Sorry, I have no sympathy with them.&nbsp; If the reason is your company does not a 401k, open a an IRA, excuses are for losers.&nbsp; As far as trusting the financial system, if they think they have a better way, that is their decision, the tools to build wealth are available to all.&nbsp; If people are not educated about the ways of the finacial world, they should be working with a finacial planner, it is silly they should be making thier own financial decisions if they don&#039;t know what they are doing.&nbsp; I mean, I don&#039;t fix my own car!!!&nbsp; As far as educating these folks.&nbsp; Lord knows I have been trying my best <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p>Moving on, I disagree with your reasons why the markets are doing so well, but at the end of the day the reasons are irrelavent.&nbsp; The market are going up, it was predictable, people should be there.&nbsp; And as far as your last statement goes, of course things will not go swimmingly well forever in any market and I simply have one word for that.&nbsp; DIVERSIFICATION!!!!!![/QUOTE]</p><p><br /></p>

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