From: Brian Phillips (deepbluehalo@earthlink.net)
Date: Fri Feb 23 2001 - 20:27:28 MST
Date: Thu, 22 Feb 2001 16:48:27 -0500
From: Brian Atkins <brian@posthuman.com>
Subject: Re: socially responsible investing
Of course remember: if you really intend on /helping/ the companies in
question, you have to invest during the IPO or before. Otherwise your
cash is just going to some other random person/org, not the company
itself.>>
Is this becuase you would just be purchasing stock owned by some random
person/org or is my fiscal ignorance even greater than I suspected?
I have been putting my financial house in order of late (getting my cryo
policy funded, working on land arrangements for a off-the-grid retirement
geodesic) in
the hopes of actually having the option of retiring when I retire from
active duty.
I am thinking about long-term investments like mutual funds. That way I
could work as I chose (like say consulting in space med or something)
I am a biomedicine geek not a MBA. I am bright and learn quickly but part
of the reason I am mil is it makes things nice and organized. I can plot my
income easily for the next 25 years. It's all very predictable.
When will Zyvex go public? Please use them as an example...if they did the
IPO (is this the Intial Public Offering?) how would one know and buy in?
It would be nice to be sitting on shares of the next century's Big Blue.
From: Michael Lorrey <mike@datamann.com>
Subject: Re: socially responsible investing
True, but if one has to invest, you can't beat the advice of Warren
Buffet, who does say to invest in companies that make things you use,
and he sure hasn't done too badly on that strategy.>>
This is the broad strategy I thought of as most appropriate for me.
I read the time he said he held an investement was "forever". Which may be
overstating things but is the right idea..real long term. I want to live
centuries and sit on my savings all that time.
If there aren't mutual funds run by "good folks" then maybe I should go
the "low-cal" approach. Isn't it possible to sometimes purchase shares
directly from a company, without going through a broker? Isn't this
benefiting the company?
Or is this ignorant again?
I would rather "save shares" than worry over funds (simpler)..I just
assumed small investor discrete investing was fiscal suicide.
Brian
d e e p b l u e h a l o
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