Why do you think you need to invest in anything? It’s a gamble or a guarantee depending on the amount of money someone has at the beginning. If you’re rich your money will make money without producing anything. If you’re poor you might lose it all. This idea that you need to invest benefits the rich far more then the poor.
Comment on This 28-year-old pays $62 a month to live in a dumpster he built for $5,000—take a look inside
explodicle@local106.com 11 months agoSerious question: What ought to be a financial investment? Nothing? Points that are otherwise worthless?
the_q@lemmy.world 11 months ago
explodicle@local106.com 11 months ago
I don’t; nothing was one of the expected answers.
theneverfox@pawb.social 11 months ago
Nothing sounds pretty good to me
Why should you be able to take your extra money to generate more extra money for later? Maybe if that wasn’t an option, more people would spend that money on themselves or their community
gusgalarnyk@lemmy.world 11 months ago
Anything that is meant to be consumed should not be an investment, anything that in an ideal society should be cheaper to purchase for the betterment of that society, should not be an investment.
Companies that produce those things, ideally better or more efficient every year for various reasons, those should be investments.
We should invest in banana farmers, not bananas. Likewise we should invest in construction companies, not houses.