I see your point but is it KFC's fault that people eat crap?
I was 40 pounds overweight for the last 5 years, not because anyone forced me to eat it, it's because I made a conscious choice.
It's not nutella's fault if they made money off me
The buy was stupid. I had absolutely no reason to buy a stock of a company that i thought had no growth prospects (iPhone and competitors have a much stronger product).
It was a screw up, but I didn't lose much.
It's hard to get emotional when you're playing with other peoples money and your risk is next to none (besides your job) and your possible gain is 2/20.
Unfortunately you could also get ripped off by a professional. Unfortunately there are bad apples and they ruin it for those that are honest hardworking people.
I used to work for IA's (backoffice) and as there could be many good ones (i.e. TH and CJ), there are plenty of bad ones.
Getting a dishonest mechanic will cost you a few K in extra unwanted repairs but getting a bad IA could !@#$ you for life.
http://etf.stock-encyclopedia.com/BRIL.html
This is the best short term investment you can get. Though if you hold it for more than a day, you're !@#$ed.
He could buy short term commercial paper and receive half a percentage point lol
Unless the CP market freezes again and instead he'll receive 7 year floating rate notes.