The answer to your “fair question” is that speculators provide the seed money necessary to start and/or expand businesses which hire the W2 workers.
Fair enough. But that activity does not happen when you buy stocks in the stock market. Except for the initial sale of an IPO, stock market purchases do not provide any seed money to a business. So why should stock market investors get all sorts of tax breaks from that activity?
Because they want them and have “hooks” in Congress.
Dave, I asked the question to show that instant gratification is not reality. If we don’t expend energy to go uphill we go downhill. That’s what Entropy means. It’s an immutable law of nature. We have to work for gratification.
W2 work is a step in the right direction but it’s a crappy destination.
Thanks!
The Captain
The answer to your “fair question” is that speculators provide the seed money necessary to start and/or expand businesses which hire the W2 workers.
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Fair enough. But that activity does not happen when you buy stocks in the stock market.
If the stock market has valued the company’s stock at a higher level then the company can sell additional stock (either from it’s treasury stock or issuance of new stock) and the increase will show up on the balance sheet. This increase also decreases the debt to equity ratio.
DB2
A few people have misunderstood me.
I get that having money and investing it particularly in dividends is the better deal. No chit.
That does not make anyone going to work a sucker. It is a dumb way of seeing things. Even if money papers it over as such.