Reply to I have mixed feelings when the market is doing well while people are losing their jobs

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Reply to "I have mixed feelings when the market is doing well while people are losing their jobs"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Nothing prevents anyone from owning stock and from participating in the fortunes of the companies whose shares they buy.  No reason to sympathize with people who choose not to be investors.  You can open a brokerage account at some firms with $0, and some require

Mighty oaks from little acorns grow.  Sow nothing, reap nothing.

[/quote]

A lack of money prevents someone from owning stock. Your analogy is spot on - you don’t have an acorn to grow into a mighty oak unless you have an oak tree in the first place. [/quote]

Any amount of income allows for saving and investment, if expenses are restrained.   [/quote]

This is true.   My parents were teenage parents.  He worked a low income job while going to university at night.  He said he put a dollar in a jar everyday.   He graduated college around 30 years old, bought a tiny house, then had one built a few years later.   4 kids, homemaker wife.

It’s a different time but it’s still the same story.  [/quote]

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