this post was submitted on 13 Jul 2023
586 points (80.6% liked)
Memes
45548 readers
1429 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
and I'm just supposed to give a fuck?
you have to do zero real work to get profits that way. The profits you are getting are just a share of the wealth the workers of the company produce. There is no such thing as passive income, the money is always taken from working people. The really rich people take 0 risk. The instant they start making serious losses banks and goverments step in and give them taxpayers money.
Also: to get relevant income that way you already need to have a lot of money, which you either get by inheritance or exploiting others. Either way you had to do zero real work yourself. (and no, just shoving capital around is not real work)
real work means creating value/efficiency/services where there was none before and not researching how you can syphon off that value in the best way
Err, no. Risk taking could be rewarding, but it inherently should not be guaranteed to be.
I believe that’s how it works, but I just don’t understand how that makes any sense. They’re just playing with numbers in the air, making a line diagraph go up and down… I just don’t get it.
The "line diagraph" represents real physical things that you can eat or sleep in or wear.
So they make the worth of that different? People give money so the worth of those things change? Who decides what worth is? What am I missing?
Interesting, you made me understand it better! Not planning on investing though…