Are investors parasites to the socety?

First most of our initial investment money is from hard-earned money during our work life unless you're lucky to have inheritance.

The retired rich could live in a decent life with the money accumulated. However, we invest for better return for ourselves, work our own way (vs paying mutual fund managers to do so), take some risk ourselves... We do not think we're the parasites of the society. Our investment would help some business grow. They pay taxes and hire workers who in turn pay taxes. We also pay taxes too on our profits as investors.

I used the word of parasite to describe the royal families of Britain and Japan, which both had done great misery to China in Opium Wars and WW2 respectively. I never call investors as 'parasites'. There are many to learn to be a good investor (I'm still learning).

If we live to 70s or 80s, we will still be physically able to work on my investment, but most can't as a laborer. Hence, we will contribute to societies longer as a group. 

Similarly, it is unfair for the hard-working, rich folks less chance going to heaven than the lazy, welfare recipients whose majority are the parasites of the society. 

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(c) TonyP4 2012. Written in 5/5/12. Last updated in 5/5/12.

Disclaimer:

Do not gamble your money you cannot afford to lose. Past performance is a guideline and does not guarantee future performance.

All my posts are for informational purposes only. I'm not a professional investment counselor. Seek one before you make any investment decision.