this post was submitted on 02 Feb 2024
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It's not money for nothing. It's money for the risk you take when investing in a company. Why the hell would anyone invest into anything if there wasn't possibility to get something out of it?
You just described gambling.
It is basically gambling yeah. Especially when you're picking individual stocks instead of something like index funds. Bigger risk but also bigger plausible reward.
And you don't understand why building a society based on gambling is a bad idea?
I don't even know what you're trying to say there. The discussion is about the risks and benefits of buying and selling stocks. If you don't want to take that risk then don't buy stocks. No one is forcing you. I don't get how "building a society based on gambling" is all of a sudden a stance I'm supposedly defending here now. That's a strawman.