And each investor has a slightly different requirement and strategy to meet that requirement from ever other investor. Obviously, investors like you do not drive fast swings in prices. And yet, these swings do occur. Therefore: it must be investors who are not like you (and who disagree with you about what the whole point of the marke is) must exist.

Believe me, I do not treat my IRA as a place to hold a bunch of mutuals. 1) I can't wait that long to build a nest egg - I was financially ruined by a bad California divorce. If I hope not to have to eat cat food when I'm 70, then I have to work very hard now, to prevent it. 2) Man, buying and selling stocks is FUN!