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Trading stocks makes me feel dirty (hexbear.net)

submitted 9 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 24 points 9 months ago

Don’t beat yourself up. The fractional harm that your meager efforts to not get wiped the fuck out by inflation cause is comparable to every other type of consumption under capitalism.

You have to live and living means participating in your society. When does that effort to continue existing cross over into the lying and self dealing that, for example, people into effective altruism are famous for?

I don’t know where that line is, but you’ll figure it out.