No Stupid Questions
No such thing. Ask away!
!nostupidquestions is a community dedicated to being helpful and answering each others' questions on various topics.
The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:
Rules (interactive)
Rule 1- All posts must be legitimate questions. All post titles must include a question.
All posts must be legitimate questions, and all post titles must include a question. Questions that are joke or trolling questions, memes, song lyrics as title, etc. are not allowed here. See Rule 6 for all exceptions.
Rule 2- Your question subject cannot be illegal or NSFW material.
Your question subject cannot be illegal or NSFW material. You will be warned first, banned second.
Rule 3- Do not seek mental, medical and professional help here.
Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.
Rule 4- No self promotion or upvote-farming of any kind.
That's it.
Rule 5- No baiting or sealioning or promoting an agenda.
Questions which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.
Rule 6- Regarding META posts and joke questions.
Provided it is about the community itself, you may post non-question posts using the [META] tag on your post title.
On fridays, you are allowed to post meme and troll questions, on the condition that it's in text format only, and conforms with our other rules. These posts MUST include the [NSQ Friday] tag in their title.
If you post a serious question on friday and are looking only for legitimate answers, then please include the [Serious] tag on your post. Irrelevant replies will then be removed by moderators.
Rule 7- You can't intentionally annoy, mock, or harass other members.
If you intentionally annoy, mock, harass, or discriminate against any individual member, you will be removed.
Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.
Rule 8- All comments should try to stay relevant to their parent content.
Rule 9- Reposts from other platforms are not allowed.
Let everyone have their own content.
Rule 10- Majority of bots aren't allowed to participate here.
Credits
Our breathtaking icon was bestowed upon us by @Cevilia!
The greatest banner of all time: by @TheOneWithTheHair!
view the rest of the comments
This is a pretty solid explanation.
To add some context, you used to be guaranteed a portion of profits in the company but that doesn’t happen now. Some stocks pay dividends but unless you own a lot of those, it won’t do you much good. Owning stocks now, does give you the right to participate in voting. Mark Zuckerberg owns voting control of Meta, meaning he can’t be removed from his position by shareholders because he owns enough votes (shares) that he can’t be overridden.
Another thing you hear people talk about in relation to stocks is capital gains tax. Taxes on stock depend on how long you owned the stock. Less than a year, you get charged a higher tax rate on selling because you’re flipping it for profit; short-term vs long-term gains. Those taxes is only applied to the profits of the sale.
Stocks are assets, however, and investors can borrow against it without selling in the same way you can get aa home equity loan against your house without selling your house. Since they aren’t actually selling the stock, they aren’t paying taxes on those profits.
Thats why some politicians, like Kamala Harris, have suggested a tax on unrealized gains (profits on stocks that haven’t been sold yet). It would be a way to close the loop hole of billionaires not paying their fair share. It sounds kind of shitty to pay taxes on assets you don’t have in hand until you realize how stocks are used to avoid some taxes.