751–760 of 898 posts
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If you buy stocks, you'll have the same proportionate gains/losses as everyone else who buys the same stocks. Sounds fair to me.
I'm pretty sure the top executives and management don't pay 30% dividend tax, if they pay any at all.
Note that poor people pay 0% income taxes on capital gains and dividends.
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Buying stocks has never been more democratic. Anyone with $100 can buy stocks. No brokerage fees, and fractional shares are now common. We also just passed what in hindsight will likely be seen as a historic buying opportunity.
$100 in stocks is a meaningless "investment" e.g. https://www.cnbc.com/2018/01/18/few-americans-have-enough-sa... > Only 39% of Americans have enough savings to cover a $1,000 emergency So you're part of the 61% of americans with less than $1k on hand, but you put it into the stock market, congrats! At the end of the year you have $999 + 6% roi = $1059. Best case scenario you're looking at less than $10k for retireme…
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The market has done even better in the last 10 years than in the 90's. Besides, I heard the same lament in the 70s, 80s, 90's, 00's, and 10's. > I don't doubt that's how they feel about themselves and self report!!! Always better to guess than pick up the book and read it!
The market has done great since 2008! Wonderful time to have already had a lot of money on hand to invest, for sure. And man, I tell you, all of the houses I bought have gone way up in value, even faster than earnings! What do people even have to complain about?
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> if 0.1% of your savings is in the market That means you chose not to participate in the market, not that you were prevented. In which case I can't accept grousing about not getting the gains from investing in the market. > retirement-calculator Use it. It'll show how much you need to invest monthly to retire a millionaire. Your money will do a lot better than double.
>That means you _chose_ not to participate in the market You can’t invest money you don’t have.
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How many rich people need to be assassinated to change the balance? Looks like it's about 3: https://www.usatoday.com/story/money/2017/11/08/billionaires... In any case, assassination is probably not the most effective means of wealth redistribution.
Just reverting the tax cuts for the wealthy would already do a lot of good. I also think a steep inheritance tax for inheritances over a certain amount (1 million? 10 million?, 100 million?) to preventing these concentrations of wealth from creating a new aristocracy. But 3 billionaires owning more than the bottom half of the country doesn't have to mean if the bottom half owns nothing: >> "Their $264.1 billion in ho…
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I want to know why this "guillotine" thing has become so big recently? It has largely been Bernie/DSA people. I find it a bit disturbing. I've seen even very innocent things like simply being a landlord as "guillotine" worthy on social media. This is pre-COVID. While most landlords are actually middle class people trying to make a side income. I don't think people actually know what they are asking for, they want rev…
It seems popular among certain sociopolitical groups to see other people getting nice things and feel entitled to getting those same nice things yourself, without regard for any effort expended or risks taken by the first group. It's pure "you have, I see, I want, I should be able to take".
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> I would bet that the majority of Americans No need to guess. Google is just a quick click away!
That's my point -- this is something that doesn't even have to be Googled!
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I don't see how they would help. There's a common refrain among Reddit socialists and whatnot about the rich sitting on some mythical "pile of resources" that needs to be redistributed, but even if you suppose that we guillotine the rich I don't think the poor can eat stock certificates. What are they going to do if they dismantle, say, Wal-Mart? Now all the people who worked there have no jobs and the people who sho…
It's not about dismantling walmart. At least from the 'socialist' point of view, its redistributing capital that is just sitting idle. For example, take away the majority of zucks and bezos stock, and just give it away evenly to the people. That's not dismantling the company, its just a redistribution of wealth that has been earned off the backs of middle class.
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I don't know. I work in tech and almost everyone I know is finding themselves less productive and can't wait to get back to the office. Maybe because most of us live in an apartments and not magestic houses with woods or lakes behind them, and the feeling of being trapped indoors is neither healthy nor pushes one to work more effectively. My PC is in my living room and I'm on it, in the same seat, at the same desk, u…
Then move somewhere that has a proper home office. You can live anywhere now.