Posted almost 5 years ago
Nope im implying consistent homosexuals nose rubbing thier new freedom throughout the course of a few weeeks
"Jack Mack" wrote:
You literally have no idea how the stock market works, do you?
Also, you're implying that every homosexual couple in America will take off work on the exact same day.
Oh everything my dear.
People take off (Brokers) work so they can get married.......points go down....weddding places go up....any maybe hostile takeovers if they go too high my friend.....its all about world events that effect the markets...
Whats gay marriage have to do with the stock market...
"AlphaT" wrote:lol I seriously think its gonna ruin the Stock Market when it happens.
Are you implying that the stock market is affected in any significant way by one country's stock brokers? Do you realize how ridiculous that sounds to anyone who knows how the stock market works?
For anyone who wants real information, stocks are shares (or pieces) of a company. Tiny, tiny pieces that the company sells to people. So, say you paid $5000 for 1% of someone's company. The company could then use that $5000 to make their company even better. Plus, if the company becomes worth twice as much later on, your share will be worth $10,000 now, and you can sell it for a profit. So when people are buying a lot of stock, then the stock market goes up, because more money is entering the market. When a lot of people are selling stock, then the market drops, because the market is losing a lot of money.
As you can see, neither marriage laws nor brokers taking vacations to get married have any kind of effect on the stock market. Brokers may help you buy and sell stock, but they're not needed to do that, as you can do it yourself on your home computer if you really want to. So there is not a single way that legalizing gay marriage can cause a drop in the stock market.
"When you understand why you dismiss all other gods, you will understand why I dismiss yours."