• KevonLooney@lemm.ee
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    6 months ago

    .000000001% of a $100 billion company is $1. The average person could own per year $5000 if they used automatic deposits and got the employer match.

    I know you are trying to exaggerate to make a point, but don’t discourage people from getting the employer match if they can.

    • surewhynotlem@lemmy.world
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      6 months ago

      I employee matched for years just to watch our CEO tank our stock to 1/5 the original price.

      Point being, remember it’s still an investment in a single stock and comes with that amount of risk.

      • S_204@lemm.ee
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        6 months ago

        Hol up, you left your retirement fund in the hands of your employer? You didn’t diversify and invest in the broader market? Most plans make you hold some for a period of time, every single plan offers a way to get out of being fully invested in one company. That’s insane.