Yesterday, 01:06 PM
I believe that income gained from the sale stocks/bonds/property (rental, sale/etc.) is income earned. There is a leftist talking point that you "aren't doing anything" when income comes in passively from these types of investments, even Tim Pool holds this view to an extent and I disagree.
I earned the money to buy the stock/bond/property and I am taking the risk that I might lose it. That is money that I earned that could be completely lost. Conversely, if I make money on those investments that I chose to invest in based on personal research into the investments, I earned it.
I think one reason a lot of people, particularly on the left complain about it is because at times there is excessive amounts of money earned in this manner. This can be blamed on the federal reserve keeping interest rates artificially low. That pushes people and large organizations in particular to take out more loans than they would normally be able to take out in order to invest rather than earning the money to invest. That tends to push the value of these investments upward and artificially inflates the amount earned on these investments for some people and organizations at the expense of the value of the dollar, as well as those holding the investments when the inevitable crash occurs.
So don't demonize the investor, demonize the Fed.
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