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Post by Deleted on Oct 24, 2014 21:03:28 GMT
It was my job. Still involved but not actively trading anymore. Dont bother with individual stocks unless you've got a personal reason to want to own it. Too much risk and not enough upside for a private buyer. Buy into an index linked fund, or pick a decent strategy fund (eg American equity, UK corporate bonds etc), and be prepared to sit on it. And never, ever take stock tips from your mates. Or the local bank 'expert'. Do your own research or pay for a real source. Sound advice that. And my advice would be, before you even go down the route of thinking about which shares to own and trade, do some serious research into which online broker you are going to use. They all have different rates and types of commission, some charge an annual fee, others do it per trade, some do a percentage fee, others a flat rate like Wizardofdribble's example. Think about how often you are likely to trade and how much you will be buying and selling, as this will obviously have an impact on any profit or loss you make per transaction. In reality, for most folk on here, you are unlikely to be moving fairly large stock holdings at any given time, so frequent trading is probably not for you and you'd be better off doing what britsabroad says. The fund manager will be doing the day to day trading for you and, if he knows what he is doing, will take action to ensure that your fund stays healthy, with the percentage return dependent on the level of risk you bought into when you selected the fund.
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Post by kbillyh on Oct 25, 2014 10:16:55 GMT
Just add a couple of arms dealers in that lot and you have an unethical full house. I assume you steer well clear of these unethical business then right? I mean...banks, steel, copper, silver, food, oil, medicines, electronic communications, beers and spirits, electricity, gas... only used by those without morals right? Or is it ok if you use them, you just have to sell your sole if you invest in them? It's alright to pay them for their goods and services, but wrong to take a bit off them for a few shares? I do agree with another of your posts though, in that it really isn't your business what anybody does with their own hard earned. I do steer well clear of any business with dodgy ethics as much as possible yes, and also believe that if more people did, the better this World would be. If for instance nobody invested in a company manufacturing land mines then there would be no company making land mines. But there is always somebody defending and investing in them isn't there. I am not saying i am an expert on all of them by any means and nor was i referring to all of them, but a quick once over on the list and i see a lot of unethical concerns in there. Everybody draws the line somewhere unless of course, you happen to possess the same characteristics as a psychopath. Suppose you wouldn't even draw the line in buying shares in these: linkLike i mentioned before (and you felt the need to repeat), not that it would be any of my business, but i would have my views still and will vent them as i wish, but thanks for the laugh.
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Post by wizzardofdribble on Oct 25, 2014 11:17:45 GMT
Just add a couple of arms dealers in that lot and you have an unethical full house. Nothing wrong with investing in unethical stuff that is against your principles. Absolutely. NEVER mix business with pleasure.
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Post by tuum on Oct 25, 2014 11:45:24 GMT
Nothing wrong with investing in unethical stuff that is against your principles. Absolutely. NEVER mix business with pleasure. If you feel strongly that something is unethical then I would suggest it is hypocritical to invest in that thing. If you invest in it then I can only assume your feelings are not that strong or you are just plain greedy and morally bankrupt. However, all of those companies listed are FTSE 100 companies. They may have some unethical business practices but that is a very subjective opinion. If we were to blacklist any company that bribed Govts to get business, or didn't pay the going rate, or paid kickbacks to professionals to favour the use of their company over others then it would be a small list to choose from. Even Asda are being pursued now. Going off topic a little bit This idea that the west is somehow morally superior to the rest of the world in its business practices is bollox. Everyone does business the same way. The UK is full of people on the take or using business relationships to glean favours. How many people working in factories got their lads a start? You have to play the game...just don't get caught. It makes me laugh when the UK stands and pontificates on the business practices of other countries and stands holier than thou over FIFA etc, yet Tony Blair absolutely refused to condemn Saudi Arabia & BAE over the bungs scandal..and there, the example was set! The only difference between the west and the rest of the world is that our corruption is not so obvious and the general public is a little less accepting of the situation. We also gave millions to a corrupt regime in Kenya as part of our Overseas Development budget. This was despite being told repeatedly by an insider within the Kenyan Govt that 80% of the money was going into politician's pockets. Labour accepted this loss and did nothing to stop it. In fact, they continued to donate - preferring the good publicity that comes from donating money to Africa for the reduction of poverty. Rant over!
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Post by wizzardofdribble on Oct 25, 2014 12:04:28 GMT
Morality is a social construct.
We continue to do business with some of the most corrupt and morally bankrupt countries on earth.
It's good for business ;-)
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Post by Deleted on Oct 25, 2014 14:06:13 GMT
I assume you steer well clear of these unethical business then right? I mean...banks, steel, copper, silver, food, oil, medicines, electronic communications, beers and spirits, electricity, gas... only used by those without morals right? Or is it ok if you use them, you just have to sell your sole if you invest in them? It's alright to pay them for their goods and services, but wrong to take a bit off them for a few shares? I do agree with another of your posts though, in that it really isn't your business what anybody does with their own hard earned. I do steer well clear of any business with dodgy ethics as much as possible yes, and also believe that if more people did, the better this World would be. If for instance nobody invested in a company manufacturing land mines then there would be no company making land mines. But there is always somebody defending and investing in them isn't there. I am not saying i am an expert on all of them by any means and nor was i referring to all of them, but a quick once over on the list and i see a lot of unethical concerns in there. Everybody draws the line somewhere unless of course, you happen to possess the same characteristics as a psychopath. Suppose you wouldn't even draw the line in buying shares in these: linkLike i mentioned before (and you felt the need to repeat), not that it would be any of my business, but i would have my views still and will vent them as i wish, but thanks for the laugh. So you've never bought or used anything at all from any of that list that you responded to? Never used any of them kinds of goods or services I listed (which are those that are offered by the list that you responded to)? Never, at all, used any of them? No...of course you haven't. Maybe you could tell everybody what your 'unethical concerns' are for each of those - you know, so we can all learn from your superior sense of morality. Have you started any campaigns or spent any time in protesting against all these concerns, raising awareness and trying to make the world a better place? Or does your disgust an unethical concerns extend only to the point of actually doing anything more than smelling your own farts?
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Post by kbillyh on Oct 25, 2014 16:56:51 GMT
I do steer well clear of any business with dodgy ethics as much as possible yes, and also believe that if more people did, the better this World would be. If for instance nobody invested in a company manufacturing land mines then there would be no company making land mines. But there is always somebody defending and investing in them isn't there. I am not saying i am an expert on all of them by any means and nor was i referring to all of them, but a quick once over on the list and i see a lot of unethical concerns in there. Everybody draws the line somewhere unless of course, you happen to possess the same characteristics as a psychopath. Suppose you wouldn't even draw the line in buying shares in these: linkLike i mentioned before (and you felt the need to repeat), not that it would be any of my business, but i would have my views still and will vent them as i wish, but thanks for the laugh. So you've never bought or used anything at all from any of that list that you responded to? Never used any of them kinds of goods or services I listed (which are those that are offered by the list that you responded to)? Never, at all, used any of them? No...of course you haven't. Maybe you could tell everybody what your 'unethical concerns' are for each of those - you know, so we can all learn from your superior sense of morality. Have you started any campaigns or spent any time in protesting against all these concerns, raising awareness and trying to make the world a better place? Or does your disgust an unethical concerns extend only to the point of actually doing anything more than smelling your own farts? When did i say i didn't? What i did say was this: "I do steer well clear of any business with dodgy ethics as much as possible yes, and also believe that if more people did, the better this World would be" You having an argument in your own head or something?
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Post by dutchstokie on Oct 25, 2014 17:55:01 GMT
Ok cheers for that...last question: Where on the ticket can I find this number.....front/back? Once I ve got itI'll jump on their website and have a play around on there. Thanks once again No idea sorry. There should be an ID number of some description on there though. Cusip, isin and sedol are most common.
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