Non-Communist of Lemmy , what Billionair do you root for ?

You know that most retirees rely on passive income, right? That investment is for the working class as well as the bourgeois and wealthy? Fucks sake, I wait tables and I invest, both in stocks and real estate.

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ThomasMuentzner [he/him, comrade/them]@hexbear.netOP

2 points

1 month ago

i do not know that because it is wrong. Retirees deepend on their Pension. the Pension is from their earlier income .

Passive Income is Landlords and Interest … if you Try to Put Students and Retierees in there you are a Classtraitor or 10.000 miles under the Water …

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ℕ𝕖𝕞𝕠@midwest.social

2 points

1 month ago

Maybe this is different where you live, but where I live, most retirees have retirement investments, not pensions, and even pensions are usually drawn from a fund that is invested in the market. You can argue this shouldn’t be the case, but you cannot seriously argue that this is not the case.

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ThomasMuentzner [he/him, comrade/them]@hexbear.netOP

2 points

1 month ago

and the Fund is filled by what money ?

the Company profit or part of your Wage ?

watch this video you will understand afterwards…

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ℕ𝕖𝕞𝕠@midwest.social

1 point

1 month ago

I’m not watching a video. Anything worth saying is better said in plain text.

Again, I wait tables and will not receive a pension; I barely receive a wage. Any late-life income is going to be either support from my children or from investments I make now.

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