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To: Jurgis Bekepuris who wrote (41085)1/17/2011 3:59:58 PM
From: MCsweet  Read Replies (1) | Respond to of 78750
 
Jurgis,

Good question. I don't claim to have a consistent framework for ethical investing, and to be honest I don't take it very deep. Mainly I try to avoid a few of my pet peeve areas, where I think the company is trying to cheat and deceive its customers. Among your list, below are a few I would avoid, or at least prefer not to invest in.

Payday loans, hi-cost mortuary, patent trolls, multi-level marketing, time shares, cigarettes, nutritional supplements, and like "natural" herb stuff.

Some areas are greyer than others and for some, I would prefer not to invest, but that doesn't mean I would completely rule them out.

This is perhaps crazy, but I am not as opposed to cigarette or booze companies as I am on pay-day loans. Even though the effects are worse, I feel like people who use booze or cigarettes know by now what they are getting into, as opposed to clueless people buying time shares or doing payday loans. That being said, I'd still rather not invest in an area that potentially leads to so many deaths.

I think that is about all I have to say on the subject, because to be honest I don't feel qualified to recommend areas to avoid. I think each person should determine that for himself/herself based on his or her values.

MC



To: Jurgis Bekepuris who wrote (41085)1/18/2011 10:13:21 AM
From: Madharry  Respond to of 78750
 
I dont buy cigarette companies, anything involved with Trump or anyone else who treats shareholders and bondholders poorly.