Quote:
Originally Posted by Beingist  I wonder what benefit society gets from any trading? |
Thinking about this after a night's sleep the answer is very simple.
Anyone who puts their money anywhere other than a savings account with the intention of watching it grow over time will (should!) benefit from trading.
Without trading and traders then you can just have bank interest from a savings account for your retirement/investment.
I think anyone who thinks traders and trading is a worthless profession should remove any funds they have in any kind of managed fund/401K/retirement fund etc immediately and place it in a bank deposit account!
Enjoy your 0.5% interest and I hope taxes and inflation are good to you in your golden years
