What if we got rid of stocks?
Opinionhaver @ Opinionhaver @feddit.uk Posts 21Comments 1,068Joined 6 mo. ago
Opinionhaver @ Opinionhaver @feddit.uk
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Investing in the stock market isn’t something exclusive to the rich. For someone like me, it’s pretty much the only realistic way to build any significant wealth for retirement. Without investing, I’d just be losing money to inflation by keeping it in a bank account. Now that I’ve got it invested, I’m already earning enough in returns to cover a few months’ wages each year. It makes no sense to want to take that possibility away from everyone just because you despise billionaires.