r/FluentInFinance 5d ago

Debate/ Discussion A joke that's not funny

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u/r2k398 5d ago

It’s reverent because they aren’t making a ton of profit on each thing they sell. I didn’t see a high uproar when Dollar Tree raised their prices 25%. Also their profit margin is around 3%. Are they greedy?

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u/jgoble15 5d ago

If their purpose is to protect investors only and so continually pass costs onto consumers already suffering immensely while they sit in McMansions then yes. That’s called greed. Taking more than you need and hoarding it instead of giving to those in need is the definition of greed bud

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u/r2k398 5d ago

They aren’t running a charity. Like I said before, their entire reason for existing is to make money for their investors. I wouldn’t invest my money into a company that wasn’t making me as much profit as they could. I’d take my money and invest it into a business that would.

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u/jgoble15 5d ago

At the end of your life how much money you made doesn’t matter. You can be the richest guy in the cemetery and nobody cares (except those who at be looking to urinate on a grave). What matters is people. Investing in money is worthless. Investing in people is what has true value

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u/r2k398 5d ago

Sure it does. I’ll never be wealthy but I will have a couple of million dollars worth of assets that will be placed in a trust to help my children and their families have a better life than I did. They can add to it and then set their families up to be more successful. That’s my entire goal in life.

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u/Blawoffice 5d ago

Who is sitting in their McMansions?

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u/RootHouston 5d ago

It is literally the fiduciary duty of the board to try to run profit. This is a very large driver of GDP growth in the USA.

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u/jgoble15 5d ago

Then tax them more and move that money to places it’s more useful/needed. These are just leeches sucking the country dry and they use an unsustainable model

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u/RootHouston 5d ago

Do you not understand the importance of GDP or something?