Comment on What is an average person living in the US supposed to do about corporations raising prices?

AnneBonny@lemmy.dbzer0.com ⁨11⁩ ⁨months⁩ ago

• K1nsey6@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Sure, we cant afford food or rent, but there’s always stock money sitting around.

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  • AnneBonny@lemmy.dbzer0.com ⁨11⁩ ⁨months⁩ ago

    Are you just here to tell people there’s nothing they can do?

    What’s your suggestion?

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• metaStatic@kbin.social ⁨11⁩ ⁨months⁩ ago

  Delete this

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  • andrewta@lemmy.world ⁨11⁩ ⁨months⁩ ago

    why? honest question. if they are making record profits and their stock is going up why would you not buy their stock?

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    • Timwi@kbin.social ⁨11⁩ ⁨months⁩ ago

      Because you'll be investing in, and therefore helping that company. Only a small fraction of the company's profit is going to reach you. You'll be part of the problem with capitalism.

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      • PlasterAnalyst@kbin.social ⁨11⁩ ⁨months⁩ ago

        When you buy a stock that's already ipo'd you're not giving any money to the company.

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      • andrewta@lemmy.world ⁨11⁩ ⁨months⁩ ago

        Only in fantasy land can we think capitalism will go away. Might as well put my money where it will gain value for me. Not like they’ll suddenly go out of business if I don’t invest in them. Buy let it gain 5-6% then sell it.

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