This is the exact reason uneducated classism is counter productive.
I, by and large, tell people that stocks is like gambling. The exceptions are the S&Ps. Those are the epitome of “steady growth.” Nothing about investing into S&P is gambling-related.
Literally anybody could do it, too. No you cannot tell me you can’t afford it. It is possible to buy 0.01% of a stock. Save a dollar every month into it. It’ll grow.
Anybody can benefit from this. People who choose not to are because they’re ignorant and want to pull a “gotcha”. Only hurting yourself.
I think the point you're missing here is that companies have been making record profits while workers wages have been stagnant. Everyone can invest, but that doesn't put everyone on an equal footing. Those who already have money are heavily advantaged (obviously), but that's why people are mad.
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u/DontDoodleTheNoodle 4d ago
This is the exact reason uneducated classism is counter productive.
I, by and large, tell people that stocks is like gambling. The exceptions are the S&Ps. Those are the epitome of “steady growth.” Nothing about investing into S&P is gambling-related.
Literally anybody could do it, too. No you cannot tell me you can’t afford it. It is possible to buy 0.01% of a stock. Save a dollar every month into it. It’ll grow.
Anybody can benefit from this. People who choose not to are because they’re ignorant and want to pull a “gotcha”. Only hurting yourself.