(Quite literally the antithesis of anything Parenti)
I just got a raise and have some money to waste. Should I dump it now or wait until later? I'm hoping it might help me pay off some of my loans
It was down pretty big Monday, but I'm guessing the crash that people have been talking about for the past five years will be bigger
Marx did stonks as well. At the end of the day, you can't escape the material conditions of the system that you're born into and the one thing that the govt and people in power care about is the stock market.
I'm in a similar boat as you though. I got promoted recently and have a bit of extra money. I've still got student loans so I've been looking at putting some money into the market to help with the debt.
I'm going to try to time the market and the Fed is raising rates to slow the economy down this year. I'll probably just park it in an ETF pegged to the S&P. The average rate of return is ~18% per year over 10 years. I don't know enough to try to day trade.
If you are a worker and you buy stonks, you are seizing the means of production. Especially if you can get your hands on voting shares.
You stop being a worker and start being a capitalist the moment you stop working specifically so you can make money off the market.