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How Corporate America Will Spend $4 Trillion In 2025
Money. Companies exist to make it. Or at least that's the way it is in the US.
Companies do other things too, but it's not a coincidence that "bottom line" is a synonym for "crux" in America.
Let's say you're a company and you exemplify your raison d'être, which is to say you make a lot of money. The question you ask yourself next is, "What do we do with it?"
In theory, you could give some of it -- or even most of it -- back to your employees, which is to say to the people who actually manuf
Is there a whiff of optimism when you say “as long as the CEO can tell some semi-plausible story…”
Jamie Dimon a few years ago said corporations are there not only for shareholders. The other stakeholders are as or more important including employees and vendors. Not the theory of capitalism I was taught in school, but as a highly compensated employee he has a take on it that might not server shareholders all the time. I suspect however his reference to employees was not for the lowest compensated people.
“Labor” should be investing in stocks, becoming investors also, to make this all work out. Who teaches this? I teach my family. Wealth is a process, not an event. Start investing at an early age. See what happens.
That’s the million dollar question – if your family isn’t teaching you, it doesn’t do you much good even if you can scrimp together a few extra dollars to put away. My parents didn’t have knowledge of investing (although they did teach us to save) and I had to learn a lot of lessons about investing the hard way. It would have been even harder if my parents hadn’t taught us the first step about saving. It seems simple when you already know the answer.