this post was submitted on 18 Oct 2023
20 points (91.7% liked)

Ask Lemmygrad

807 readers
78 users here now

A place to ask questions of Lemmygrad's best and brightest

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 1 year ago

I’d say that it isn’t bad to participate in a system in which you are essentially required to participate in. Much like how I wouldn’t confront a comrade for selling stuff in a garage sale or Amazon or eBay, I feel that it’s ok to invest, ESPECIALLY in 401(k)s like others mentioned. And for the love of all that is HOLY, PLEASE don’t fall for the meme of following Pelosi’s or Bezos’ stock portfolio, plenty of idiot tech bros tried doing this without understanding that the stocks they show are at least a month old, these people wouldn’t just slip up that big, also corruption laws prevent them from releasing their current stock assets (because in theory they could perpetuate a mass Pump’n’Dump scheme) and the rich definitely don’t mind that rule as long as it keeps the wealth out of the hands of the poor.