If I invest my life savings in the US stock market, that's not taking a risk? Yep - like someone taking their life savings and going into business.
WOW, I don't think there is a big enough face or palm.
Okay morgan, if you invest
half your life savings what is the most you can lose?
And if you diversify that over a couple of mutual funds or 30+ stocks, what is the likelihood of it ALL going to zero?
And how much time and physical labor are you investing?
What are the chances that one of those stocks "slips and falls" on your tile floor and sues you for 5 times your investment?
What are the chances that an employee of one of those stocks gets hurt and sues YOU the shareholder for lost wages and disability?
What are the odds that the county fines you for not having proper parking for your stocks?
What are the odds that the EPA fines you because an employee of one of your stock companies got lazy and dumped crap on the side of the road?
What are your potential OSHA fines for not having proper posters in regards to those stocks?
What are your non-cancel-able lease obligations in regards to equipment for your stock investments?
How many personal/individual guarantees do you as a shareholder have to sign for property leases, equipment leases, credit card processing, vehicle purchases, supply contracts, sales tax collection, payroll tax collection, workman's comp., liability insurance, future delivery contracts, product guarantees, etc. etc.?
What are the odds that you can be physically injured by owning stocks?
What is your Tangible Property Tax liability on your stock investments?
What are the chances of the State repossessing your car because the accountant at one of your stock companies miscalculated sales tax ?
How will the performance of your stocks affect your credit worthiness?
If any of your stocks goes Chapter 7, how much will you be on the hook for?
Can unexpected events in the stock market put you at risk of losing your home?
Is it even starting to sink in now? (stupid question, of course not)
Just to drive it home-> stock ownership= very limited liability, business ownership= full and complete liability.
To generalize about millions of gov't workers not knowing how to run a business or taking risk assumes that none of them run businesses. That's a generalization you can't make. I showed you that gov't workers including your girl Bachmann have been business onwers - several members of congress likewise. Herman Cain, used to run a business and worked for the Federal Reserve. Think he understands running a business?
Congratulations! Of the 20+ million Federal Government employees, you found 2 exceptions----TWO.
Bachmann and Cain have owned businesses, therefore ALL 20+million govt. workers are fully qualified experts at running a small business.