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890: Friday Q&A: Upgrade My House, Where to Move After Graduation, Future of the Stock Market, etc.

Radical Personal Finance

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Stocks Are Not Guaranteed

The stock market is a fairly new invention in the history of mankind. There are certain pre conditions that are necessary for the stock market to flourish as it has flourished for the last more than a century. This reflects the current development that we have of the modern ax system that provides access to capital. He stock market fundamentally serves a very important role in society, and it allows companies to flourish. It allows individuals to invest in those companies on a limited liability basis. And these are all things that make our lives unquestionably better.

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