Australian (ASX) Stock Market Forum

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There are two types of the so called investment house. There is the INVESTMENT house and there is the investment house that trades in investments.


There is a big difference. The INVESTMENT house is just that alone. It makes investments that does two main things. It is a source of funds for commerce and industry and it is a go between those that have funds to invest and the businesses that need them.


The trading house does very little productive in nature. It is motivated by greed and will do almost everything possible to manipulate the share market for short term gain.


Yes, there are big investment firms that can be trusted to TRY and do their best towards getting a good return with reasonable risk.


I believe they are in the minority.


The greed,the doubtful honesty and the get rich quick attitude of most "young guns" in the majority of financial institutions these days is threatining the long term viability of the capitalist system. Unless these things change we are about to enter turbulent times.


These facts are evident even in the attitude of contributors to these forums.:banghead:


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