Stocks in Pakistan

At the Karachi Stock Exchange:

In Karachi investors today broke windows, threw plant holders in the parking lot of the building, burned shareholder statements and at least one protester was injured, prompting intervention by police and the paramilitary.

“We demand that all stock prices be frozen at current levels,” said a fellow called Kauser Javed, who heads the Small Investors Association.

Right.

Hopefully, the Small Investors Association will learn their lesson. Stocks are the best tool for building wealth, but at times they can be volatile. The wealth you build in stocks may only be apparent in the long term, when the upside and downside volatility is averaged out.

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