Are people as dumb as they are on tv?

1. May 21, 2005

Pengwuino

Ok so im *barf* watching Friends and one of hte chicks is following a stuck and it went up $2 one day and she goes "im gonna invest my whole$157!". She then calls 411 and goes "Can i have the number to the... stock.... selling... store". Now this made me wonder... are people this stupid in real life in general? I was wondering if people were dumb enough to do... well, for example losing a lot of money in the stock market because they buy high and think "oh its going up so it has to go up more!" or buy cuz someone said something or because the stock symbol is the same as their name pff. So really.... are people as dumb as they are in tv shows lol.

2. May 21, 2005

cronxeh

3. May 21, 2005

moose

People in real life are WAY dumber. Especially my german class, weird people I tell ya.

4. May 21, 2005

Pengwuino

See, whenever I see a statistic "Some % of people fail when they try to..." about something and its a high % and i think "dang... i guess i shouldnt even try since statistics show ill fail most likely..."

5. May 21, 2005

Moonbear

Staff Emeritus
Yep, some people would invest a lot more than $157 on a lark. It doesn't seem like that much to invest (and unless you're buying$5 stocks, it's not going to get you much either) for a silly reason. Afterall, a lot of people would consider it reasonable to gamble at Las Vegas or Atlantic City with that amount, which they are willing to lose for a night of fun. So, instead of gambling in a casino, why not gamble on a goofy stock? You don't bank the kid's college fund on it, but if you've got a little you can afford to lose, sometimes it's fun to just play. You probably have better odds in the stock market than in the casino.

6. May 21, 2005

The woman only had $157 in her savings (even stupider... investing money you CANT lose) on the show. 7. May 21, 2005 Moonbear Staff Emeritus Oh, well, I was never a loyal follower of Friends, so didn't know the episode. Yeah, if you're cleaning out your savings, the stock market isn't the place to invest. Then again, which part surprises you more, that she would clean out her savings on a bad stock tip, or that she only had$157 in savings in the first place? There are people who would fit both categories. (Oh, this wasn't the character Phoebe, was it? She's supposed to be the ditz on the show.) There are a lot of people who literally live paycheck to paycheck with nothing left in their savings, mostly because they don't know how to manage their money. They are also the ones who will spend their last dollar on a lottery ticket every week.

8. May 21, 2005

Pengwuino

no it was the blonde... err... the blonde who isnt pheobe or however u spell it.