Given the typical Lemmy demographic, there’s a high chance my income is actually the lowest here. It isn’t “I can’t afford a single share”.
In reality, I’m guessing you haven’t looked at what the returns are, you just kind of assume they’re crazy. And it’s the same return for every shareholder, whether me or Jeff Bezos.
It literally depends. There are multiple types of shares. For example in Canada, the Rogers Corporation has Class A and Class B shares on the TSX. Class A has voting rights, Class B does not. Class A is majority owned by the Rogers family. Class B is more expensive, because in an extremely unlikely event that Rogers goes bankrupt, Class B gets paid first.
Furthermore, the big difference is not buying one share. The problem is that the distribution of shares is do unequal and concentrates so much wealth in the top 0.1% (let alone the top 1%).
Given the typical Lemmy demographic, there’s a high chance my income is actually the lowest here. It isn’t “I can’t afford a single share”.
In reality, I’m guessing you haven’t looked at what the returns are, you just kind of assume they’re crazy. And it’s the same return for every shareholder, whether me or Jeff Bezos.
It literally depends. There are multiple types of shares. For example in Canada, the Rogers Corporation has Class A and Class B shares on the TSX. Class A has voting rights, Class B does not. Class A is majority owned by the Rogers family. Class B is more expensive, because in an extremely unlikely event that Rogers goes bankrupt, Class B gets paid first.
Furthermore, the big difference is not buying one share. The problem is that the distribution of shares is do unequal and concentrates so much wealth in the top 0.1% (let alone the top 1%).
See chart: https://www.federalreserve.gov/releases/z1/dataviz/dfa/compare/chart/