We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Check Writers' Offers

What's Your Topic?

Hire a Professional Writer Now

The input space is limited by 250 symbols

What's Your Deadline?

Choose 3 Hours or More.
Back
2/4 steps

How Many Pages?

Back
3/4 steps

Sign Up and Get Writers' Offers

"You must agree to out terms of services and privacy policy"
Back
Get Offer

Economics Stock market

Paper type: Essay
Pages: 2 (426 words)
Categories: Business, Economics, Finance
Downloads: 45
Views: 4

Playing the stock market is like gambling. Such speculative investing has no social value, other than the pleasure people get from this form of gambling. On the surface, this seems true. Folks are just buying and selling and hoping the difference will end up in their checkbook. They are not improving the lives of others, encouraging certain business practices, buying and using goods, or hiring and training workers. In fact, the businesses that they buy and sell may never matter to them and never know about their activity.

So, what social value was there? However, upon deeper reflection, there might be more. The buying and selling creates liquidity in a public market and permits business to obtain cheap funding for projects that produce jobs, feed communities, train workers and support charities. And, to the extent that playing the stock market educates the investor (no telling if it does or not), the investor might learn about company activities and get interested in particular firms and support their goals.

This evolution from disinterested to interested/active may or may not occur but it is possible. Yes, they might be trying to beat the odds, as in a black jack game but this activity might be ultimately educational and provides the grease that lubricates the capital markets. Playing the stock market is like gambling. Such speculative investing has no social value, other than the pleasure people get from this form of gambling. On the surface, this seems true. Folks are just buying and selling and hoping the difference will end up in their checkbook.

They are not improving the lives of others, encouraging certain business practices, buying and using goods, or hiring and training workers. In fact, the businesses that they buy and sell may never matter to them and never know about their activity. So, what social value was there? However, upon deeper reflection, there might be more. The buying and selling creates liquidity in a public market and permits business to obtain cheap funding for projects that produce jobs, feed communities, train workers and support charities.

And, to the extent that playing the stock market educates the investor (no telling if it does or not), the investor might learn about company activities and get interested in particular firms and support their goals. This evolution from disinterested to interested/active may or may not occur but it is possible. Yes, they might be trying to beat the odds, as in a black jack game but this activity might be ultimately educational and provides the grease that lubricates the capital markets.

Cite this essay

Economics Stock market. (2018, Sep 19). Retrieved from https://studymoose.com/economics-stock-market-essay

How to Avoid Plagiarism
  • Use multiple resourses when assembling your essay
  • Use Plagiarism Checker to double check your essay
  • Get help from professional writers when not sure you can do it yourself
  • Do not copy and paste free to download essays
Get plagiarism free essay

Not Finding What You Need?

Search for essay samples now

image

Your Answer is very helpful for Us
Thank you a lot!