Comments on: Don’t invest to save the world http://www.llamamoney.com/dont-invest-to-save-the-world/ It's not just money - it's Llama Money Mon, 29 Aug 2011 22:29:03 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: FinancialJungle http://www.llamamoney.com/dont-invest-to-save-the-world/comment-page-1/#comment-395 FinancialJungle Fri, 18 Apr 2008 17:34:01 +0000 http://www.llamamoney.com/dont-invest-to-save-the-world/#comment-395 Actually many sin stocks issue new shares to grow their business. Sometimes you do abet the business when you buy their shares. In other instances, you bid the market price higher, which allows the business to receive an even bigger check from the next guy. Thanks for the link. Actually many sin stocks issue new shares to grow their business. Sometimes you do abet the business when you buy their shares. In other instances, you bid the market price higher, which allows the business to receive an even bigger check from the next guy.

Thanks for the link.

]]> By: Llama Money http://www.llamamoney.com/dont-invest-to-save-the-world/comment-page-1/#comment-386 Llama Money Thu, 17 Apr 2008 17:46:07 +0000 http://www.llamamoney.com/dont-invest-to-save-the-world/#comment-386 You make a great point about the secondary market. When you buy stock in a company, you're not sending a check to the company itself - you're sending a check to the guy who's selling that same stock! You're doing very little to actually "support" the company in question. If you want to save the pandas when you're done, use all that money you earned by holding tobacco stock. I'm sure the Panda Society won't turn down your check because it's "dirty" money. You make a great point about the secondary market. When you buy stock in a company, you’re not sending a check to the company itself – you’re sending a check to the guy who’s selling that same stock! You’re doing very little to actually “support” the company in question.

If you want to save the pandas when you’re done, use all that money you earned by holding tobacco stock. I’m sure the Panda Society won’t turn down your check because it’s “dirty” money.

]]> By: Ken Clark - CollegeSavings.About.com http://www.llamamoney.com/dont-invest-to-save-the-world/comment-page-1/#comment-385 Ken Clark - CollegeSavings.About.com Thu, 17 Apr 2008 17:42:59 +0000 http://www.llamamoney.com/dont-invest-to-save-the-world/#comment-385 I get the intent of socially responsible investing, but I don't think that most people understand that it really doesn't make a huge difference. The reality is, all the investments you are buying are generally trading in the "secondary markets", between you and other investors. It's not like these companies get a cut of what you invest. Yes, I know we don't want to encourage bad behavior, BUT, I think I'd rather see people make sound investments choices, and use their profits to directly fund conservation / social causes. I get the intent of socially responsible investing, but I don’t think that most people understand that it really doesn’t make a huge difference.

The reality is, all the investments you are buying are generally trading in the “secondary markets”, between you and other investors. It’s not like these companies get a cut of what you invest.

Yes, I know we don’t want to encourage bad behavior, BUT, I think I’d rather see people make sound investments choices, and use their profits to directly fund conservation / social causes.

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