Can anyone recommend good sources of financial advice from the left?

My company has an employee stock purchase discount. I've worked there for a few years but never participated mainly because I don't really understand how it works. I hear many people talk about their dividends from our company stock alone, as well as other investments they make. In particular the coworker with whom I work the most has recently become a wannabe wallstreetbets newbie. He bought up some shares that crashed hard in April and has not shut the fuck up about them since then. He is a complete moron and is also regularly telling me about how he is planning to buy a house in the next few months after he pays off his massive credit card debt.

All this has got me thinking about my future. How do I balance my financial security with ideology and action towards ultimately dismantling the same systems I'm investing in?

I already know I'm a dumb lib. But is there a good place to learn about personal finance from an anti-capitalist perspective?

  • bubbalu [they/them]
    ·
    4 years ago

    In general, 'money managers' and stock brokers are parasites who are not really working in your best interest. Generally, you cannot get better returns than an index fund which tracks the major lists like the DOW or NASDAQ (which are propped up by the US gov't). These funds have basically no fees unlike a broker and historically have the highest average return on investment.

    Beyond this basic stuff, my knowledge is really limited and I am not a financial advisor or anything of that sort. I had the immense privilege of inheriting about $20k when I was younger and I learned a little bit about finance before I learned even more about the world and gave away the spoils.