----- Original Message -----
Sent: Wednesday, July 25, 2001 8:43
PM
Subject: Re: Re: [sharechat] Ebet: Time
for a punt? / Ethical Investing
At this point I will add my voice in support of
Jerrold too:
I personally don't invest in certain shares which my
conscience can't handle, such as cigerette, porn,
and gambling
companies
For the same reason I won't hold SKC and I am also
not keen on CLH (ASX) as this company makes a lot of its money by collecting
debts from bankrupt people.
Don't get me wrong -- I'm not saying there isn't a
need for the services provided by such debt collection companies. Just
that I would rather not make money leeching off the backs of people who have
probably suffered enough already.
Obviously by adopting this approach, I am turning my
back on good profits to be made, especially in the case of SKC this
year. But there are plenty of other opportunities to make money in the
markets, and I would rather be selective about the ones I put my money
into.
There has been considerable debate about
Ethical Investing on the other
channel.
I wonder how many other ShareChatters feel the same
way?
Interested to hear all points of view.
Grant Keymer
____________
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