cross-posted from: https://lemmygrad.ml/post/4822013

I recently bought a course on investing and that is what the course advices for survival under capitalism. Would this come out as being a class traitor? Does it sound snobby? Or is it a good advice?

  • RyanGosling [none/use name]@hexbear.net
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    4 months ago

    Not only do I passively contribute to genocide and oppression through paying taxes and selling my labor and skills to corporations, but I actively contribute to it as well by investing in an ETF. Yes, the percentage that goes to Lockheed, Raytheon, are tiny, but companies like Google and Amazon and Microsoft are often at the top.

    I don’t seek to justify it. I’m just a selfish coward in the imperial core who can’t commit suicide and want to live a comfortable life when I’m older. I don’t really care about the “value” of it dropping or rising like homeowners who have a house as an “investment.” I don’t stare at charts all day long. I just need it to be enough when it’s time and hope I can kill at least one banker in my life time to make up for my sins.

    If you’re looking for justifications to sleep at night, just don’t be an obsessive. Save money to invest in mutual/index/ETFs inside a Roth IRA, 401k, and general brokerage account. If you’re checking the price every day, getting angry when someone does praxis and lowers your stocks, and you find yourself being tempted to vote against the workers of the world just to improve your stocks - you may have a problem. Aspire to live, not become rich.