6 ms·
Govt cannot be an arbiter of what people do with their money. Period.
by ehejsbbejsk 6y ago
Govt cannot be an arbiter of what people do with their money. Period.
- eru 6y agoI have sympathy for that sentiment, but in practice that train has long left the station. My own comment wasn't a plea for government to interfere, btw. Just a cynical admission that active trading is bad for the vast majority of people. (My own money is sitting in the most boring ETF I could find, but loaded with about 3x leverage. Given the regulatory requirements of the industry I work in, I wouldn't be allowed to trade actively anyway, but I don't feel like I'm missing out.)