4 ms·

> [...] we'd probably see even more of a culture of haves vs have nots in the investment world. There are no have nots in the investment world. The investment

> [...] we'd probably see even more of a culture of haves vs have nots in the investment world. There are no have nots in the investment world. The investment world, intuitively, is made up of have and have mores.

davidw 7y ago
In Italy, it used to be that you'd have to sink 10,000 euros, approximately, of capital into the equivalent of an LLC to create it. Otherwise, you could create an unlimited liability type partnership or something similar. Company formation was for the wealthy.
- marnett 7y ago
  Having, gaining, and increasing investment builds wealth. My largest point is projecting a binary grouping like "have" and "have nots", which is typically used to delineate the poor and the not-poor is disingenuous. The poor (have-nots) are not even in the arena. A majority of people in the world today do not have and will not have any investments of any kind ever; those are the have-nots. A more honest statement would be that the wealthiest investors would gain more power over less wealthy investors; however, that is already the case, the wealthiest non-institutional investors are free to create their own hedge funds, an extraordinary overhead - but one some take on, to gain a leg up on the little (rich) guy.
Arnt 7y ago
The have-nots are people who buy a few shares in an index fund. That doesn't require significant time or thought, so you can do it even if all you can spare is €1k and very little time.
- leetcrew 7y ago
  as someone with a tech job, I don't consider myself a "have-not" but I basically just buy index funds with whatever surplus income I have every few months. if my losses weren't limited to the cost basis of my shares, it would basically be too risky for me to invest at all. this would drastically change my retirement prospects.

4 ms·

> [...] we'd probably see even more of a culture of haves vs have nots in the investment world. There are no have nots in the investment world. The investment

by marnett 7y ago

davidw 7y ago
In Italy, it used to be that you'd have to sink 10,000 euros, approximately, of capital into the equivalent of an LLC to create it. Otherwise, you could create an unlimited liability type partnership or something similar. Company formation was for the wealthy.
- marnett 7y ago
  Having, gaining, and increasing investment builds wealth. My largest point is projecting a binary grouping like "have" and "have nots", which is typically used to delineate the poor and the not-poor is disingenuous. The poor (have-nots) are not even in the arena. A majority of people in the world today do not have and will not have any investments of any kind ever; those are the have-nots. A more honest statement would be that the wealthiest investors would gain more power over less wealthy investors; however, that is already the case, the wealthiest non-institutional investors are free to create their own hedge funds, an extraordinary overhead - but one some take on, to gain a leg up on the little (rich) guy.
Arnt 7y ago
The have-nots are people who buy a few shares in an index fund. That doesn't require significant time or thought, so you can do it even if all you can spare is €1k and very little time.
- leetcrew 7y ago
  as someone with a tech job, I don't consider myself a "have-not" but I basically just buy index funds with whatever surplus income I have every few months. if my losses weren't limited to the cost basis of my shares, it would basically be too risky for me to invest at all. this would drastically change my retirement prospects.