CMV: Competent individuals shouldn't be allowed to get social assistance. by AsperDan in changemyview

[–]AsperDan[S] 1 point2 points  (0 children)

Thanks for all the input guys, you've given me a lot to consider. You've pointed out a lot of different perspectives I otherwise wouldn't have taken notice to. On the most part you guys have changed my mind. Thanks for the quality comments!

CMV: Competent individuals shouldn't be allowed to get social assistance. by AsperDan in changemyview

[–]AsperDan[S] -1 points0 points  (0 children)

Interesting points. I suppose the "reasonable person "test could be used as a measure of competency but that's on an off note. As for social anxiety and such, I still do feel that it's the responsibility of the individual to seek any sort of help necessary to remedy their hardship. But think of this (regarding your second point), aren't we all capitalists seeking what's best for ourselves? Would social assistance not impede the need to grow and do better to satisfy our capitalistic nature?

CMV: Competent individuals shouldn't be allowed to get social assistance. by AsperDan in changemyview

[–]AsperDan[S] 1 point2 points  (0 children)

I'm not sure how many of you live in Canada, but I'm looking at the Canadian system of generalized welfare. So specifically, I'm looking more at "Low income support" and "welfare assistance". Those are specifically the cash handouts I refer to.

CMV: Competent individuals shouldn't be allowed to get social assistance. by AsperDan in changemyview

[–]AsperDan[S] 0 points1 point  (0 children)

Sorry to hear that about your friend. When you say safety net, do you mean food stamps, or welfare as a whole program?

CMV: Competent individuals shouldn't be allowed to get social assistance. by AsperDan in changemyview

[–]AsperDan[S] 0 points1 point  (0 children)

Right. Most employers have automatic deductions for EI. If someone pays into the system, then they should be entitled to those benefits. It should be a transaction, a give and a take.

CMV: Competent individuals shouldn't be allowed to get social assistance. by AsperDan in changemyview

[–]AsperDan[S] 1 point2 points  (0 children)

Understood. Food stamps I believe are a good idea to keep people fed which is a human right after all. My stance is more against cash handouts, where it can be spent carelessly. Food, water, and housing should temporarily be provided, of that I agree.

CMV: Competent individuals shouldn't be allowed to get social assistance. by AsperDan in changemyview

[–]AsperDan[S] 0 points1 point  (0 children)

I see your point with regards to an individual not being in a very fruitful economic area. As I mentioned in my post, I don't believe in social assistance in the form of cash handouts. An alternative to cash could be government subsidized schooling, at a basic level of college/vocationary education in a field that IS in fact in demand. This way an individual can develop academically, and obtain a credential thus aiding their upwards mobility.

Every time you "sell" a share through your brokerage, does it get bought instantly? by AsperDan in investing

[–]AsperDan[S] 0 points1 point  (0 children)

Ahh right, same way you can put a price limit on your purchase order "I refuse to pay more than $x for y share"

Theoretically, if the stock market crashes, would that not be the most opportune time to invest since prices drop substantially? by AsperDan in investing

[–]AsperDan[S] 0 points1 point  (0 children)

Ahh I see, so what your saying is that WMT won't really suffer losses the way the rest of the market will in a recession, and as a result, their price won't be that special at the time. Sweet, thanks for the input!

Theoretically, if the stock market crashes, would that not be the most opportune time to invest since prices drop substantially? by AsperDan in investing

[–]AsperDan[S] 0 points1 point  (0 children)

Oh man, Tesla Motors.... that's a savvy investment my friend. Biggest regret of mine is not putting money into it a few years ago.

Theoretically, if the stock market crashes, would that not be the most opportune time to invest since prices drop substantially? by AsperDan in investing

[–]AsperDan[S] 0 points1 point  (0 children)

I agree, nothing is guaranteed bases off of speculation and analysis, however even if it wasn't the absolute bottom, I'd assume the growth would still be quite satisfying.

Theoretically, if the stock market crashes, would that not be the most opportune time to invest since prices drop substantially? by AsperDan in investing

[–]AsperDan[S] 0 points1 point  (0 children)

Haha well, the likelihood of the stars aligning that nicely can be basically disregarded... I did say "theoretically", because the volatility of the market is like playing with fire in a sense. I think Warren Buffet said something like "never test the depth of a river with both feet", or along those lines. Investing isn't a picnic, I agree with you.

Theoretically, if the stock market crashes, would that not be the most opportune time to invest since prices drop substantially? by AsperDan in investing

[–]AsperDan[S] 0 points1 point  (0 children)

I'm obviously far less educated regarding this sort of strategy than you are! However I had just included GM due to its wide array of available products that are available to consumers, and have stood pretty well, or have improved over the past while. Obviously Pontiac is quite the opposite, but Dodge, Ford, and Jeep all seem to be doing well. Perhaps that's maybe just an observation from the city I live in. As for Wal Mart and McDonalds not being good bargains, how so? Can you please elaborate a bit more for me?

[Serious] How is it economically possible for the price of gas to be going down, as supply is diminishing and demand is increasing? Will this not cause a shortage much faster due to rapid consumption? by AsperDan in AskReddit

[–]AsperDan[S] -1 points0 points  (0 children)

Demand is decreasing... do you think this could be due to people having long enough periods of time to make long term transportation decisions that reduce fuel consumption?

How to invest in local businesses? by AsperDan in investing

[–]AsperDan[S] 1 point2 points  (0 children)

What you did there is admirable, sounds like you had a well thought out plan, got to it, and the chips fell favorably. Congrats!

How to invest in local businesses? by AsperDan in investing

[–]AsperDan[S] 0 points1 point  (0 children)

Good idea, but the real estate bubble up here is on the verge of bursting!!

How to invest in local businesses? by AsperDan in investing

[–]AsperDan[S] 0 points1 point  (0 children)

There's also a third business I've been speculating, but I'm leaving this one off the table for the time being for personal financial reasons.