Is the stock market +EV?

[wildwood]

[ QUOTE ]
Is the stock market +EV? I mean, if we take every single action and add them together, would that amount be greater each year? And if it is, how can that be? Isnt that supposed to be that when someone makes money another one loses money?

[/ QUOTE ]

Is poker +EV? Depends on you. Same with the market.

Stock market money comes from consumers as well as other market players. I met a guy who bought 100 shares of Home Depot and held it through 9 stock splits and is worth over 15 million dollars now. That money came from people buying hammers and saws, etc. in Home Depot.

Futures is zero-sum. Money only comes from other traders after subtracting commissions.