this post was submitted on 13 Jul 2023
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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)
Well, most of what you state here is wrong.
People like you never analysed a company. Looked into the paperwork.
I am working 8 hours a day and 2 more hours, I take my time to look into companies to invest my hard earned money.
I am by far not rich. It I can tell you, that the more money you have to manage, the harder it gets.
No human on this earth, except trust fund babies, who just throw away their inheritance without investing, are living off their money without personal time investment and hard work.
It just doesn’t work the way you imagine it.
The moment the government intervened with Tax payer money, they usually ask for dividends as well, or another kind of favour. Nothing comes for free.
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
But your investment can fund this creation of value. And that’s how economy works.
The research and identification of where value can be expected with proper funding is simply a part of finding what will work best.
And it is only reasonable to find the things that will work out best at first.
One step after another. That’s how progress works.