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  1. Join Date
    Oct 2005
    Posts
    122
    #1
    found this in another website. what are your comments or reactions:

    Is this is how our Stock Market operates...?


    Once upon a time in a village a man appeared who announced to the villagers that he would buy monkeys for SGD 10. The villagers seeing that there were many monkeys went out in the forest and started catching them. The manbought thousands at $ 10 and as supply started to diminish and villagers started to stop their effort he announced that now he would buy at $ 20 rupees.

    This renewed the efforts of the villagers and they started catching moneys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to $ 25 and the supply of monkeys became so that it was an effort to even see a monkey let alone catch it.

    The man now announced that he would buy monkeys at $ 50!

    However, since he had to go to the city on some business his assistant would now buy on behalf of the man. In the absence of the man, the assistant told the villagers. Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man comes back you can sell it to him for $ 50.


    The villagers queued up with all their saving to buy the monkeys.

    Thereafter none of the villagers ever saw the Monkey buyer nor his assistant. However all the villagers had more than one monkey per household.

  2. Join Date
    Apr 2004
    Posts
    3,067
    #2
    nope. the market makes a fool and a genius out of everyone. theres nothing to be feared, only to be understood...

  3. Join Date
    Apr 2004
    Posts
    922
    #3
    knowledge, information and discipline is the key

Making Money in Stock Market