Tuesday, August 2, 2016

HOW STOCK MARKETS WORK- FOLLOW THE MONKEYS

A Story for you...😁
A lot of monkeys lives near a village.🐒
One day a merchant came to the village to buy these monkeys!🐵
He announced that he will buy the monkeys @ $100 each. 🙊
The villagers thought that this man is mad.🙄
They thought how can somebody buy stray monkeys at $100 each?🤔
Still, some people caught some monkeys and gave it to this merchant and he gave $100 for each monkey. 😬
This news spread like wildfire and people caught monkeys and sold it to the merchant.😬
After a few days, the merchant announced that he will buy monkeys @ 200 each. 😉
The lazy villagers also ran around to catch the remaining monkeys!🐒
They sold the remaining monkeys @ 200 each.🐒
Then the merchant announced that he will buy monkeys @ 500 each!😮
The villagers start to lose sleep! ... They caught six or seven monkeys, which was all that was left and got 500 each.🙊
The villagers were waiting anxiously for the next announcement.😉
Then the merchant announced that he is going home for a week.  And when he returns, he will buy monkeys @ 1000 each!😉
He asked his employee to take care of the monkeys he bought.  He was alone taking care of all the monkeys in a cage.🐒
The merchant went home.😉
The villagers were very sad as there were no more monkeys left for them to sell it at $1000 each.
Then the employee told them that he will sell some monkeys @ 700 each secretly. 😉
This news spread like fire.  Since the merchant buys monkey @ 1000 each, there is a 300 profit for each monkey.😬
The next day, villagers made a queue near the monkey cage.🐵🤑
The employee sold all the monkeys at 700 each.  The rich bought monkeys in big lots.  The poor borrowed money from money lenders and also bought monkeys! 🙊
The villagers took care of their monkeys & waited for the merchant to return. 🤑
But nobody came! ...😳 Then they ran to the employee ...🙄
But he has already left too !😉
The villagers then realised that they have bought the useless stray monkeys @ 700 each and unable to sell them! 😩
This business is known as the...*STOCK MARKET* ..😜
It made a lot of people bankrupt and a few people filthy rich in this monkey business. 🐒😉😅
That's how the stock market works....

No comments:

Post a Comment