Earlier quoted context omitted.
Alright, I'll bite. This is such a victimhood mentality and a ridiculous statement. I wasn't wealthy when I started investing. Hell, the first dollar I put into my long term portfolio was when I was living in my car! I started with ~$200 that I made from doing a collection of odd jobs (mowing lawns, computer repair, moving dirt, etc.). Every extra penny I made went into investing into a moderate portfolio focusing on…
A bit of calculation would show that a lot of people have no chance of building "great passive income" in 10 years. They simply do not have enough income to save that much. "I started with $200" tells us nothing useful. I can start with $5 and have great passive income if I'm making $100k and wife is making $70k and both of us are capable of saving a good chunk per year. I can start with $5000 and have little more th…
Most retail "investing" is really just skimming money from workers and giving it to shareholders.
Real jobs-and-opportunity-building investing isn't particularly encouraged by the markets. It's much easier to make money with various techniques that rely on the political manipulation of asset prices - like property, stocks, crypto, and corporate image - than by actually doing and making useful things at a reasonable price.
Which is why stock is such a contentious issue in the startup world. The operating rule is that you don't share profit with ordinary workers unless it's unavoidable.
Ideally if you're a funder you don't even share it with founders. That's more challenging to organise and happens less frequently, but if you're a founder it's naive in the extreme to assume you'll be spared any attempts to make it happen.