Alex lost his house playing the stock market

by solomon 33 Replies latest watchtower bible

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  cobaltcupcake

  TAI - Right on!

  It really is shocking to me that the Society is making full use of the world this way. Such hypocrisy!
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  Mr. Falcon

  this raises an interesting question. how many rank-n-file JWs are even aware that the Watchtower Society dabbles in the Stock Market?
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  LisaRose

  There are ways to invest in stocks so as to minimize risk. Alex was stupid to think he could borrow money and time the system and make a quick payoff. The only way that happens is if you just happen to get lucky or you have inside knowledge (which is illegal). In the first place you should only invest what you can afford. The closer you are to retirement (or whenever you anticipate you will need the money back) the less risky your stocks should be. If done wisely, stocks are not that much of a gamble. While in the short term, they go up and down, over the long term they keep your money from getting eaten up with inflation. But instead of telling people how to properly invest, the Watchtower uses scare tactics to keep people from investing at all. If they told people how to invest, then it would look like they don't think this system is ending. But that is hypocrisy because they do it themselves.
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  solomon

  tomorrows study