Well, I hate 'Investor Class' more when it's uttered by progressives.
In the right hands, say an economist or financial expert it's fine.
I imagine whenever a left-winger hears the term they think of a multi-millionaire old man chomping on a cigar and sipping bourbon laughing heartily while sending orphans to the diamond minds or to produce monocles in a sweatshop.
But the investor class is more than that. It's you and me. Sure there are degrees of investing determined by means. The person who saves more has access to more capital and in theory can invest more.
Nonetheless, at anytime anyone can become an investor.
You're an investor and you probably don't realize it. If you have a pension, the company invests your money on your behalf in, say, stocks or mutual funds.
An investor can simultaneously own a business and earn a modest salary. They are not mutually exclusive.
So by all means. Demonize the 'investor class'. Just recall when you do, you're shooting yourself in the foot just like calls for taxing capital gains and dividends retard your chances of building wealth for you and your family.
In the right hands, say an economist or financial expert it's fine.
I imagine whenever a left-winger hears the term they think of a multi-millionaire old man chomping on a cigar and sipping bourbon laughing heartily while sending orphans to the diamond minds or to produce monocles in a sweatshop.
But the investor class is more than that. It's you and me. Sure there are degrees of investing determined by means. The person who saves more has access to more capital and in theory can invest more.
Nonetheless, at anytime anyone can become an investor.
You're an investor and you probably don't realize it. If you have a pension, the company invests your money on your behalf in, say, stocks or mutual funds.
An investor can simultaneously own a business and earn a modest salary. They are not mutually exclusive.
So by all means. Demonize the 'investor class'. Just recall when you do, you're shooting yourself in the foot just like calls for taxing capital gains and dividends retard your chances of building wealth for you and your family.
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