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.
and the Fund is filled by what money ?
the Company profit or part of your Wage ?
watch this video you will understand afterwards…
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.
I’m not watching a video. Anything worth saying is better said in plain text.
so you refuse to aquire new information ? lol …
the Money you invest is the Money YOU laboured for (your active Income)
the Money you Boss invests is also the Money YOU laboured for (his Passiv Income).
its pretty wierd to imagine a definition .
–> then demand that your definition is the prober one ,
–> then refuse actually knowledge about the topic…
Again, I wait tables and will not receive a pension;
Your Employer (lives passivly by your labour) refuses to share enough of the “Surplus value” of your Labour with you for a Pension.
He is your enemy. he wants you to labour as Hard as you can and he wants to pay you as little as he needs to
he is Passiv Income… his income is what is redacted from your Wage.
but i can do plain text as well : https://de.wikipedia.org/wiki/Zinsverbot (rightclick and translate , there is no english version you can wonder why )