late edit: DISCLAIMER: The pictured map is not actually a representation of the territories before colonisation. It’s a hypothetical map of what countries there might have been had the continent not been colonised, thus all the names and borders are fictional and have never existed.
For good actual maps, check out native-land.ca.
@Compactor9679 level the playing field though. Not much use having the “opportunity” to invest a thousand dollars if you don’t have a thousand dollars.
Who said anything about investing 1K? Get to work and earn the 1K, dont thunk everybody ownes you anything becuase more than 200 years ago your family lost their land in a battle. If they lost that is too bad. If we look back enough everybody lost something at some point.
@Compactor9679 it was just a metaphor for unequal starting positions.
The reality is more to do with levels of education, health, parents with alcohol or prison, whether the early years are spent giving earnings to family etc. I just wanted an easy metaphor.
That said, mathematically the fact remains you can work hard your whole life and make smart decisions but never overtake a useless layabout who has money in a trust fund.
Going back to my metaphor, if I have $1000 and invest it now, and you have to wait 5 years to earn $1000 before you can invest yours in the same thing, I will come out ahead. “Time in the market.”