Rant
[warning – do not read the below if you do not enjoy seeing ranting]
Memo to the investing public: Investing for the maximum return on investment is not actaully the best way to get a good return on investment, short term.
Hello, people. INVEST IN THE KIND OF WORLD YOU WANT TO SEE!
This is NOT that difficult. when you put money into a company, you are giving a stamp of aproval to, if not neccesarily every little thing that company does, at least their general outlook on life. Hence, with your dollars, you vote for what kind of world we have. Yes, you, the high rollers, too! You’re just as responsable.
If you own a mutual fund, how difficult is that? I think I should sell out of my mutual funds.. that’s like appointing someone else your concience. Do you know what’s in your mutual fund? I don’t know what’s in mine.. I try to find ‘green’ funds, but what can you do in a world where enron would be considered ‘green’?
No, seriously, you are responsable for any company’s actions that you hold stock in. I realize there isn’t actually any law to allow you to suffer for your actions – except in the pocketbook when lawsuits occur, and even then it will only dip into your profits and possibly your stock price – but if you own stock in a corperation, you are saying that it is _right_ to take money for loaning money to this organization.
Funny how no one wants to invest money in the internet any more. Could it be because the companies that were there tried to grow up too quickly?
Anyway, I am guilty for Intel, but I hold more AMD and even more TMTA. I put my support behind the future I want. I hold more EVRC than you’d want to think about, because I beleive in what Evercel is doing. [And because face it, I love having a 100 mile range car]
I won’t bore you all with stock prices and things like that, but I’ll point out that even if doing the right thing costs you in the short run, in the long run it pays off for the human race.
May 15th, 2002 at 1:45 am
heh.
RANT ON!
once again, damn the man and all that crap.