There seems to be little talk on finance on leftist spaces. Like tf do I do? I finally saved a few thousand dollars. Now what? Buy a game? Go on holiday? Buy a phone? Fuck consumerism. I can yeeet it into a term deposit and earn like 1% return in my country with rates close to 0.

Thanks to living with my parents, and being unable to buy a house, my financial situation is stable. What do I do chapos? While I wholeheartedly am against the stock market, it appears to be the only viable tool for retaining money (outpacing inflation) in our late stage capitalism at the moment.

I guess what I'm asking is is there any leftist resources/ideas on finance in a capitalist world. Many thanks, a fellow distressed chapoist.

  • thefunkycomitatus [he/him,they/them]
    ·
    4 years ago

    There was supposed to be a finance/investing comm in the works and a user said they would be willing to give out advice on daytrading. The thread is in commrequests if you want to go find it.

    I think we should all learn investing and invest together as a strategy or at least create a fund from a portion of our returns. Then use that fund to help the site or donate it to various leftist projects. Make capitalism work for us (you know what I mean).