this post was submitted on 01 Feb 2024
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chapotraphouse

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I hate the whole publicly traded model of companies. I hate capitalism. But have to engage in trading stocks (I mostly do Mutual Funds and a small quantity of direct stocks) so that my money doesn't lose value by sitting in a bank or cash.

Same thing with credit cards, don't like taking loans and getting marked on a centralised list for that but it's a safer option than using your own money.

Fortunately I don't do crypto so that's a plus.

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[โ€“] ThomasMuentzner@hexbear.net 0 points 7 months ago* (last edited 7 months ago) (1 children)

you live by others labour , it is dirty .

and it will always be Dirty .. there is no escape to the Fact that you live Parasiticlly from other peoples Labour .. the ONLY avenue you have is the Avenue of Hirachy and Elitism.

You can start to consider yourself much more important then those that labour .. Of better Ideology ..Birth ... Culture ..Race ... Personal Biographie etc..

When you do that it will not feel so dirty anymore . but you will be then Dirty for others. So no escape from the Dirt without Abandoning Passiv income.

EDIT: Also you reduce it .. like a Hole Factory / Company all its Employees , there dreams and Hopes ... compressed into this crudes form.

[โ€“] Awoo@hexbear.net 1 points 7 months ago

He's not living off other people's labour. He's using it as a bank, cutting out the bank in the middle to maintain above inflation rates of interest.

If you're using a bank the bank is doing the exact same thing putting your money in stocks too.