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Anybody can make money by owning - and we do. It's called investing and it's also how pension funds work. Tilting the tax code against us is tilting it against
by nickpp 3y ago
Anybody can make money by owning - and we do. It's called investing and it's also how pension funds work.
Tilting the tax code against us is tilting it against the people and for politicians, unchecked bureaucrats with their uncontrollable spending thirst.
- danaris 3y agoAnybody with significant disposable income. That leaves out, based on figures I've seen, roughly half of America's population. Get out of your bubble.
- freitzkriesler2 3y agoI have a UK pension with UK stocks that regularly trade sideways for roughly 5-10 GBP per share. Those stocks reliably pay out a dividend every month and is very much in he reach of the working poor. I make more monthly income out of my UK pension than I do from stock buy backs. This is how the stock market used to work in America before the 80s.
- nickpp 3y ago> significant disposable income B.S. Last time I checked, accounts at most online brokers were free. And they even allowed purchase of fractional share - so you could start investing with 100 bucks. As long as you do save that $100 and not throw it all away on crap, of course.
- danaris 3y agoThis just shows how out of touch you are with the problems of the average American, that you see $100 that you don't have to spend on necessities—particularly $100 disposable that you have on any kind of recurring basis—as not being significant.
- nickpp 3y agoAre you saying the average american doesn't have a disposable monthly $100? That is demonstrably false - the statistics about current income and life costs paint the opposite picture: not only Americans but average people all over world are wealthier than they've ever been. There are inequalities, of course, (like Europeans falling behind) but the Americans are doing very well indeed. So please stop with your propaganda. https://awealthofcommonsense.com/2023/10/americans-have-never-been-wealthier-no-one-is-happy/ https://awealthofcommonsense.com/2023/10/americans-have-neve... Americans have that disposable $100. Now they may very well be deciding to throw it away on cigarettes, alcohol, weed, various entertainment (tv) or all sorts of crap - but that is a whole other discussion altogether.