I dont think THEIR super funds will share that same feeling Massey!
I think it relates purely to the individuals drive to invest in the markets.
My Dad,for arguements sake,sees the stock market as to risky,espc the end I invest in.He doesnt go near it and hates me talking about my investment habits!
But he's quite happy for my Mum to invest on the basis of her brokers advice.She has a damned good broker though that she knows from an old broker friend.
Essentially Dad sees my kind of investing as having a bet and highly risky.Whereas I have a genuine enthusiasm for my investing and love nothing but to read and re-read what to most would be mundane annmnts.
But the funny thing is these very annmnts can be treasure troves to the astute investor.Not that Im saying Im an astute investor.I wouldnt still be doing my day-time job if I was astute enough!
I now see the markets as an excellent third pipeline of earnings.Long term it may be,but it has the potential to pay for some substantial debt such as mortgages,lines of credit and the like.
But I do think there has to be an continual enjoyment/want to learn factor and if you dont have that theres no point in doing it.
Any perceived inadequacy would come from the risk aspect.There arnt too many people that could even contemplate investing the amount of cash I have in the spec end of the market.But then thats all about your experience/knowledge base and how comfortable you feel with your investment/s.
As far as the general public is concerned I dont see too many of my work collegues reading the business section of the paper!
I dont know that you'd call it a despise as so much a lack of interest.
