The Phaserl


Why I don’t invest in stocks (and where I do park my investment capital)

from Sovereign Man:

Earlier this week, Start-Up Chile announced the next round of new businesses who have been accepted to the program.

If you’re not familiar with it, Start-Up Chile is a government program that provides $40,000 in equity-free seed capital (plus a residency visa) to entrepreneurs and their startup companies who make the cut.

Now… in my worldview, this program shouldn’t even exist. This is a government program funded by Chilean taxpayers, and I don’t agree with the idea of government stealing people’s income for any reason.

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