Stock Markets Should Not Turn Into Gambling Casinos – A Look at the Shanghai Composite

The Shanghai Composite started out as a way to capitalize Chinese Businesses, but with all the market manipulation it seems more like it’s turned into a gambling casino in many ways; much like the NYSE, or NASDAQ. It seems that the Chinese People who are really great at saving money have boosted stocks to an unreasonable multiple as many stocks were trading at 80-100 times earnings.

Then when the Global Economic Crisis hit China, many of their companies that were involved in manufacturing and exporting took a huge dive in profits, meaning their stock price based on things like quarterly profits was completely out the window. Many Chinese, just regular small time investors felt it was not fair, as they had put their money into the stock market and watched it rise, only to fall again and give up 20-25% in a very short time period.

But besides all that, I asked one small time investor from China; “Do you realize why stock markets exist?” Interestingly enough, she didn’t really, so I explained the stock markets exist to capitalize businesses. So, if that is what they are for, and if you really want to make money, you should be involved in the capitalizing of businesses, based on simple and sound principles.

Then I recommended to her, as I will to you, to read Warren Buffets essays, and to learn more about investing in the business world. Not long ago, I mentioned all this and the conversation to Guang Wu, the author of a new book; “China: Has the Last Opportunity Passed by!?” and his comments were that stock market investing is indeed much different and new to many Chinese Investors. So, please consider all this.

Lance Winslow – Lance Winslow’s Bio [http://www.aircraftwashguys.com/historicals.shtml]. Lance Winslow believes that if you want to make the best investments in stocks you need to dig through the data; Excavating

Note: All of Lance Winslow’s articles are written by him, not by Automated Software, any Computer Program, or Artificially Intelligent Software. None of his articles are outsourced, PLR Content or written by ghost writers. Lance Winslow believes those who use these strategies lack integrity and mislead the reader. Indeed, those who use such cheating tools, crutches, and tricks of the trade may even be breaking the law by misleading the consumer and misrepresenting themselves in online marketing, which he finds completely unacceptable.

Gambling Casinos – Chances Are You Will Enjoy Them

Gambling casinos are establishments that provide accommodation for individuals to engage in gambling activities as well as to entertain themselves through concerts, sporting events and stand-up comedy, among many others. These establishments were created to keep gambling off the streets and to be able to control some individuals from taking advantage of those who are into betting and taking chances. These include card games such as poker and black jack, horse racing and lottery to name a few. The amount of betting may start from a very small amount perhaps a dime to a dollar but can rise to thousands of dollars.

The origin of gambling can be traced back to the Chinese in 2300 BC but it was believed that every society had its own form of gambling during the ancient times. Dice are considered to be the oldest form of gambling which were originally used for fortune telling in ancient Egypt. These were made of bones and teeth of animals while the shape of dice we know today was created in Korea and used in the Buddhist game called Promotion. Subsequently games using dice were brought and developed in different countries such as Rome where even children were taught to gamble and throw dice.

Another integral part of gambling similar to the dice is the deck of playing cards. Its origins can be traced back from the Chinese Turkestan in the 11th century but it was the French who were credited for the invention of the playing cards in 1387. These already had the suits we know from the playing cards of today which are the spade, club, heart and diamond. Johann Gutenberg of Germany was the first to print a full deck of cards in 1440.

Gambling casinos, on the other hand, began in Europe where the term casino meant a small villa or summerhouse which was usually built on the grounds of large Italian homes or palaces. Subsequently, in the 1600s different forms of gambling found their way in the United States through immigrants who introduced various kinds of games. In the 19th century public buildings where gambling and sports took place were called casinos as well as riverboats on the waters of the Mississippi and Ohio Rivers in early 1800s.

Gambling casinos became illegal due to professional gamblers who resort to cheating to make money. This made gambling in general immoral and professional gamblers were blamed for curtailing the economic growth and endangering the streets because of numerous crimes they committed. However, this did not stop gambling casinos to go underground and gaming operations for organized crimes were created. The 20th century witnessed the building of the first of many casinos in Nevada which were believed to be financed by mobsters such as the Flamingo in Las Vegas which was opened by known New York mobster, Bugsy Siegel in 1947.

In subsequent years gambling casinos, even though tinged with concerns on the morality of gaming and betting, were legalized in different states such as New York, Chicago, Las Vegas, Atlantic City and Monte Carlo among others. The reason leading to the legalization of gambling casinos was to help revitalize the economy of different states and cities.