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The Stock Market is Just Financial Fantasy Sports
(sh.itjust.works)
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted clever little truths, hidden in daily life.
Here are some examples to inspire your own showerthoughts:
If you made it this far, showerthoughts is accepting new mods. This community is generally tame so its not a lot of work, but having a few more mods would help reports get addressed a little sooner.
Whats it like to be a mod? Reports just show up as messages in your Lemmy inbox, and if a different mod has already addressed the report, the message goes away and you never worry about it.
Way, way back in the day, when the primary model of stocks and the stock market was...
I buy 1 share of Company X stock, for Y dollars, and once a year, it pays me Z dollars as a dividend...
Yes, with that paradigm, it made a lot more sense to say that this 'drove engagement'... because a stock operated more like a miniature bond in/for a company.
But, now the whole model is 'stock price must go up forever', nest eggs are capital gains realized upon retirement, that you take loans out against to avoid paying cap gains tax...
...not dividends gradually paid into a growing retirement savings account, managed by a regional or local bank / credit union.
Which entirely blows up that way of thinking.
Yeah, it used to be the case that what we now call a 'passive income stream'... yeah, you used to be able to do that by just buying some decent dividend paying stocks.
And you were thus incentivized to be present for shareholder votes and such, to manage the governance of your investment, your income stream.