Message from @PainSeeker5

Discord ID: 497122392489984002


2018-10-03 19:03:39 UTC  

That makes sense

2018-10-03 19:03:50 UTC  

I'm 16 rn want to get a part time job and invest, what do you guys recommend i invest in

2018-10-03 19:04:08 UTC  

how much do you have to spend?

2018-10-03 19:04:24 UTC  

like 250$ a month

2018-10-03 19:04:30 UTC  

lol you need at least 5k

2018-10-03 19:04:46 UTC  

eh if i do it every month

2018-10-03 19:04:51 UTC  

if you invest $250 you wont even make the commission back most of the time

2018-10-03 19:05:11 UTC  

save up first then invest

2018-10-03 19:05:21 UTC  

well i was thinking invest in S&P 500 for like 10 years

2018-10-03 19:05:26 UTC  

realistically when you first start out you *will* lose money

2018-10-03 19:05:29 UTC  

then buy an apartment and rent it out

2018-10-03 19:05:34 UTC  

it's part of the education process

2018-10-03 19:05:40 UTC  

think of it like paying for uni

2018-10-03 19:05:43 UTC  

@Thule-Gesellschaft [☩] is this method of commerce gain only possible under our system or would it still work under your proposed system

2018-10-03 19:05:48 UTC  

Just asking

2018-10-03 19:05:50 UTC  

you can get an apartment here for like 25k$

2018-10-03 19:06:32 UTC  

@PainSeeker5 Stock speculation would exist in NS societies, but I think that time limits would be imposed so people aren't tempted to live off interest and not produce anything.

2018-10-03 19:06:37 UTC  

Also secondary markets might be removed

2018-10-03 19:06:48 UTC  

and direct cash infusions would be done to companies

2018-10-03 19:06:52 UTC  

So

2018-10-03 19:06:54 UTC  

Yes

2018-10-03 19:06:58 UTC  

In a way

2018-10-03 19:07:12 UTC  

That’s good then

2018-10-03 19:07:27 UTC  

it gets rid of gamblers

2018-10-03 19:07:41 UTC  

That’s good too

2018-10-03 19:07:43 UTC  

and ensures that people buy companies they actually think are worth something

2018-10-03 19:07:58 UTC  

i am black

2018-10-03 19:07:59 UTC  

So actually more stability and less guess and luck

2018-10-03 19:07:59 UTC  

and epic

2018-10-03 19:08:12 UTC  

https://cdn.discordapp.com/attachments/496515828372602890/497122719486181398/image0.jpg

2018-10-03 19:08:26 UTC  

not really luck, it would be less gambling and more people buying based on the productive power of the company

2018-10-03 19:08:33 UTC  

Good

2018-10-03 19:08:39 UTC  

Actually agree to that idea

2018-10-03 19:08:40 UTC  

so companies which make dogshit would go out of business

2018-10-03 19:08:56 UTC  

and companies which provide actual productive value to the economy would be encouraged to succeed

2018-10-03 19:09:08 UTC  

read Feder

2018-10-03 19:09:10 UTC  

This is a bad trade deal

2018-10-03 19:10:04 UTC  

the end goal was to shift the financial parasites and opportunists out of the system entirely

2018-10-03 19:10:08 UTC  

they would be forced to get real jobs

2018-10-03 19:10:12 UTC  

I am very serious user

2018-10-03 19:10:22 UTC  

I swear