There seems to be little talk on finance on leftist spaces. Like tf do I do? I finally saved a few thousand dollars. Now what? Buy a game? Go on holiday? Buy a phone? Fuck consumerism. I can yeeet it into a term deposit and earn like 1% return in my country with rates close to 0.

Thanks to living with my parents, and being unable to buy a house, my financial situation is stable. What do I do chapos? While I wholeheartedly am against the stock market, it appears to be the only viable tool for retaining money (outpacing inflation) in our late stage capitalism at the moment.

I guess what I'm asking is is there any leftist resources/ideas on finance in a capitalist world. Many thanks, a fellow distressed chapoist.

  • Sam_Hyde [none/use name]
    ·
    edit-2
    4 years ago

    Invest early, and often. Open a vanguard account and invest in a broad market fund ex: vanguard VTSAX.

    You're living under capitalism, you might as well benefit slightly from it.