• Clent@lemmy.worldEnglish
    50·
    8 months ago

    “But through my retirement I own .000000001% of a company!”

    Having stock in a company doesn’t make you a capitalist anymore than checking out a bible from the library makes you a Christian.

    • KevonLooney@lemm.eeEnglish
      15·
      8 months ago

      .000000001% of a $100 billion company is $1. The average person could own per year $5000 if they used automatic deposits and got the employer match.

      I know you are trying to exaggerate to make a point, but don’t discourage people from getting the employer match if they can.

      • surewhynotlem@lemmy.worldEnglish
        20·
        8 months ago

        I employee matched for years just to watch our CEO tank our stock to 1/5 the original price.

        Point being, remember it’s still an investment in a single stock and comes with that amount of risk.