2 ms·

You construct the same kind of false dichotomy that is so incredibly common among the but duh rich and duh poor blahblah do. There are more categories than the

by hurril 5y ago

You construct the same kind of false dichotomy that is so incredibly common among the but duh rich and duh poor blahblah do. There are more categories than the ultra rich and the incredibly poor. Stop that. A lot of people can save 10-20% in stocks (such as via index funds.) A lot of people would rather not do this and still complain and point sticks at "the rich." What can you do? "The reason is that being a shareholder only matters for those already making a ton." Is simply wrong and nonsensical. I don't make a ton, I am not ultra rich, it matters a lot to me to be a shareholder. It matters because that way I get to make money when "they" do.

6gvONxR4sf7o 5y ago
What an unnecessarily combative response. Saving 10% of your paycheck doesn't make you incredibly poor, and saving 50% doesn't make you ultra rich. Making $50k and spending $45k versus making $90k and spending $45k.
- hurril 5y ago
  Because you said this: "Getting rich via investment depends on having income above a threshold which is set by the cost of living." It's just not necessary to talk about getting rich. Getting rich is not relevant in this context. You made claims that are blatantly false that are part of the ever tiresome either rich or poor-dichotomy. Most people can save money and invest that money in a way that makes them shareholders.