Forum Archive Index - July 2001

[jerrold poh <pohj@ihug.co.nz>]

Hello all.  

To be honest, I didn't really expect this many responses to my post the
other day and wasn't really sure if people even had a view regarding it
(which as you can see by the posts, I am terrably wrong).  

Anyways, this will probably be my last post on this topic since I don't
want to flood this forum with "irrelevant" material :).


> I hold a slightly different view. In the past, I did not invest in
> "non-ethical" companies. I believed that doing so was showing support
> for the company.
>  
> Now I approach my investments on the basis of making money. Shares are
> just a vehicle to make money (for me - and for most people). 

Yes I tried to think about it that way for awhile, but I guess because
of my investing style (long term buy and hold), I can't but feel that my
money is coming from the pockets of people who are there to feed their
addictions (ie, dividends from cigarette companies).  

If you're a trader on the other hand, I guess this would be all right,
because you won't really be earning your money from the money of people
who're paying for their addictions, but are earning your money from the
person you're selling your shares to, which I guess is perfectly
resonable.  

Anyway, everyone has different reasons for doing what they do when
investing, and I was just hoping to make people aware that they are
lines somewhere .. and it's up to you where to draw them, if you draw
them at all :).



Jerrold.


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