Middle class was originally defined as a class that gets at least some significant percent of their income from stocks bonds and other investments. I’m willing to bet that ain’t you.
Is this a definition common in a specific country outside the U.S.? I see this claim in multiple places in the thread, but that’s not how it has been historically defined in the U.S. or in France where the term originated. Middle class in the original context evolved out of the mercantile class that traded goods in cities - neither aristocrat nor serf - during the middle ages. That original definition had nothing to do with investments.
Does it not? Maybe the definition of investments has expanded to include more abstract things like stock in a company, but still a merchant needs to invest in goods that they then sell. Which now that i think about it is also called stock…
Middle class was originally defined as a class that gets at least some significant percent of their income from stocks bonds and other investments. I’m willing to bet that ain’t you.
Is this a definition common in a specific country outside the U.S.? I see this claim in multiple places in the thread, but that’s not how it has been historically defined in the U.S. or in France where the term originated. Middle class in the original context evolved out of the mercantile class that traded goods in cities - neither aristocrat nor serf - during the middle ages. That original definition had nothing to do with investments.
Does it not? Maybe the definition of investments has expanded to include more abstract things like stock in a company, but still a merchant needs to invest in goods that they then sell. Which now that i think about it is also called stock…