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sharemarket

When we are born we are born with a bundle of shares. Their value, determined at birth by a formula of geography, genes and parental income, begins to fluctuate as strangers buy and sell. Maybe you start out at $1 a share and then at aged 8 you begin to develop longer than average legs, so your shares go up to $1.70 because there is now a greater possibility that you will become a model or a long distance runner. You can track your share value online. It’s reassuring to know that by regulation we will always retain a 51 percent share in ourselves. The rest we can sell. The aim is to raise your share price, then sell to raise cash to re-invest in raising your share price further. It’s easy and profitable to invest in other people. Brokers create balanced portfolios, or you can risk a 10, 20 percent stake in a genius or a future politician, you just have to pick them cheap and early¬†before they show any promise, and sell before they zip. Pick them when they are trouble-makers at school or when their early-20s shares crash in distraction, drugs, mental illness or inertia. And then sell sell sell when they get old, because few shares continue to rise after death.

One Comment

  1. meg wrote:

    This is the secret to understanding life, I love it. No sarcasm. x

    Tuesday, February 11, 2014 at 11:44 pm | Permalink

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