• ℕ𝕖𝕞𝕠@midwest.social
          ·
          5 months ago

          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.

          • ThomasMuentzner [he/him, comrade/them]
            hexagon
            ·
            5 months 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 ..

            • ℕ𝕖𝕞𝕠@midwest.social
              ·
              5 months 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.

                • ℕ𝕖𝕞𝕠@midwest.social
                  ·
                  5 months 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.

                  • ThomasMuentzner [he/him, comrade/them]
                    hexagon
                    ·
                    5 months ago

                    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 )