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Is being a shareholder bad? (lemmy.ml)

submitted 2 weeks ago* (last edited 2 weeks ago) by fatur0000new@lemmy.ml to c/asklemmygrad@lemmygrad.ml

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Right now my health is not so stable meanwhile I need money. I doubt I can work like many people in the near future and what I can do is make stock investment or something like that.

Since I am not a socialist let alone a communist, I would like to ask you, my communist friends, for your opinion on this. And if you have any moral advice or a better solution, I'd love to hear it.

I am sorry if my English is bad.

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[–] cfgaussian@lemmygrad.ml 15 points 2 weeks ago (2 children)

The stock market is a casino, and the house (aka the rich) always comes out on top. So just be prepared to lose money. The game is rigged.

Also, most religions consider gambling a sin. I'm not personally a believer but i can understand why that tenet was adopted.

[–] fatur0000new@lemmy.ml 3 points 2 weeks ago

Also, most religions consider gambling a sin.

Thanks for reminding me, my atheist friend.

[–] ComradeSalad@lemmygrad.ml 0 points 2 weeks ago* (last edited 2 weeks ago)

Stocks are gambling only if you’re stupid enough to buy options. Other then that you are not losing vast sums of money unless you make truly bizarre purchases.