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The difference is that most people don't actively invest in the stock market. Everyone depends on access to electricity. Signing a contract for a utility shoul
by teachrdan 6y ago
The difference is that most people don't actively invest in the stock market. Everyone depends on access to electricity.
Signing a contract for a utility shouldn't be equivalent to investing in a high risk financial instrument.
- gruez 6y ago>Signing a contract for a utility shouldn't be equivalent to investing in a high risk financial instrument. Why not? You willingly chose to expose yourself to it. You wanted to pick up pennies in front of a steamroller and got burned. It's the same whether you're doing it with stocks or commodities. To modify my original analogy a bit, it's like someone who was overleveraged in commodity futures (think corn, hog, and oil futures, all essential to survival), and got wiped out in a recession.