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>4. You can start an investment program with an online brokerage account with as little as $100. Online trades are $10.00. Are you honestly suggesting that a v
by lumberjack 11y ago
>4. You can start an investment program with an online brokerage account with as little as $100. Online trades are $10.00.
Are you honestly suggesting that a viable way for people to get out of poverty is to start trading stocks with a starting capital of $100?
That's the dumbest thing I've read on HN by far and no that's not a compliment if case you were wondering.
- WalterBright 11y agoNobody is suggesting that someone living under a bridge should start investing. But there's a vast spectrum of people between that and the 1% who can invest. I did say 'start', implying that one would regularly add more funds over time. The point, though, is that it has never been easier to invest.
- ZenoArrow 11y agoSo your solution to poverty is gambling on the stock market? You can dress it up as investment if you like, but it's still gambling.