3 ms·
> It's entirely moral to make money off of your money with minimum effort. For example having retirement capital that consists of a low cost S&P 500 index fund.
by notreallyserio 5y ago
> It's entirely moral to make money off of your money with minimum effort. For example having retirement capital that consists of a low cost S&P 500 index fund. It is not parasitic, even if Adam Smith incorrectly might think so.
I don't follow -- how does the fact that the money is used for retirement or in a low cost fund make it not parasitic? It seems to me to fit the definition pretty well.