Basically, I'm dirt poor. My pay sucks and I'm practically unemployable outside of my shit-tier job. I think I want to eventually get a master's or a BA in Computer Science, but for the time being I have nothing.
From the way I see it, invoosters are the only people anyone gives a damn about and I can think of investing as a method to get some of my surplus value back in a socially acceptable way. If it wasn't obvious enough already, I am American and this country would rather collapse than see the 1% give back even a penny that they looted from the middle class. Even blue places would rather die than have more housing be built, and those lower the homelessness...I mean, the investor's value.
My first thing I want to check out is Webull but there is something about the app that feels sketchy, and I can't put my finger on it.
Okay porky, you win. If you like invoosters so much, I'll be one. Happy?
The financial markets are 100% a scam, like tax-advantaged retirement plans are entirely to make your average joe align their interests with the stock market and then use their own money against them. Take advantage of them since they're free money if offered, but on average they're not going to make you rich. Invest in making your labor more valuable to capitalists, as that's going to be your best ROI until you've got a job where you're not living paycheck-to-paycheck.
hard agree. the only reason i have money "in the market" is because my employer offers a match, and by contributing a small portion of my pre-tax income, i am not leaving money on the table with my employer.
The other reason is that in the timescale of retirement, it's going to be far better to have your savingsin an investment account rather than a savings account. If someone is not in a position to think about retirement savings, then yeah definitely avoid "investing"; might as well be a casino with a bit less of a house edge.