this post was submitted on 16 Jul 2024
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chapotraphouse

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[–] Chronicon@hexbear.net 14 points 3 months ago* (last edited 3 months ago) (2 children)

spoilersome people here absolutely invest, you see it come up occasionally, always goes along the lines of "well you should at least do index funds for retirement/etc. or you're just losing your money to inflation".

I've always felt a bit reticent about those style posts. Also the person you're replying to probably thinks of themselves as on the left, given the citing Matt Bruenig. Shame that bruenig actually really sucks (iirc?)

[–] M68040@hexbear.net 12 points 3 months ago* (last edited 3 months ago)

In an ideal world I wouldn't have to mess around with weird abstract passive income in general since the concept and the means mostly just irritate me, but I do already have a 401k as a job perk and I may need supplementary income.

[–] mayo_cider@hexbear.net 10 points 3 months ago

Living in the imperial core it's almost impossible to avoid being involved in investments, be it pension or social security funds

It's the age old question of ethical consumption under capitalism, personally I draw the line between surviving with the cards you were dealt and trying to gain advantage