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.
The Dow was designed to be a low-risk slow-growing index whose short-run volatility is supposed to be just noise, but the Dow's day-to-day oscillations have turned into a mood barometer for day-traders. That aspect is pure fanfiction, a grift enabled by the business press.