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Thread: Why don't the government take measures to rejuvenate the stock market?
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[quote=APAULT,281017]Excellent: the government won't intervene! It shouldn't. Peopel purchased shares in the expectation of above average gains - fair enough because the economy is growing so fast. But too many people saw it as a way to quick riches. If you know what you are doing it might be, but most people are simply gambling without understanding the market. get rich quick schemes are always high risk. If the government should intervene it is in the regulations relating to the purchase of shares, especially money being lent for such speculative 'investment'. My recollection is that the government did exactly that, but maybe not enough. Reducing the duty is irrelevant and might even add to the problem. Maybe what the government should do is put a significant tax on invetsment or on capital growth. That will cool it a bit. If you have bought shares and face losses, you should look at what you see for the future of teh companies you are invested in. If the shares are worth buying at that price, hold on, if not sell and accept the losses before they get bigger. If they are substantial companies, you wil see a useful profit in a few years time. [/quote]
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