Comment by eadmund
4 months ago
> The only way to escape wage slavery without being born wealthy is to be a business owner and have that business scale.
‘Business owner’ in the sense of owning stock, sure.
Save 10–20% of your income. Invest it in index funds (we can argue about which particular indices). Work for a few decades. Retire wealthy.
Then bequeath that wealth to your heirs when you die, giving them a leg up on this whole process.
> Many of us spend our lives writing software that has lasting benefit for our employers but our reward is a flat hourly fee.
The employer takes the risk that the software will have no benefit at all. We get paid no matter what. I like that trade. I’ll invest in a diversified market index rather than my single program, thank you very much.
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