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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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What's the least ethical asset you're invested in?
#28256582 - 03/31/23 05:20 PM (9 months, 23 days ago) |
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Shell stock 
How about you?
-------------------- Omnicyclion.org higher knowledge starts here
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mndfreeze 
Shroomery Secret Service




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Re: What's the least ethical asset you're invested in? [Re: Asante] 2
#28258532 - 04/02/23 12:32 AM (9 months, 22 days ago) |
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Existence.
-------------------- Nothing says love like grannies prolapsed anus! quote]Urb said: I know... Its fucked up... Ill fix it minyana..[/quote]
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tomnl
Beginner



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Re: What's the least ethical asset you're invested in? [Re: mndfreeze]
#28258604 - 04/02/23 03:53 AM (9 months, 22 days ago) |
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Marriage
-------------------- Been away so long I hardly knew the place Gee, it's good to be back home Leave it till tomorrow to unpack my case Honey disconnect the phone I'm back in the USSA You don't know how lucky you are, boy Back in the US Back in the US Back in the USSA
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Brian Jones
Club 27



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Re: What's the least ethical asset you're invested in? [Re: tomnl]
#28258702 - 04/02/23 06:58 AM (9 months, 22 days ago) |
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I haven't done it yet but am looking for tips. {I just posted about this in political forum).
There is going to be real money in AI if invested in the right companies. Potentially more unethical than nuclear weapons and harder to control.
-------------------- "The Rolling Stones will break up over Brian Jones' dead body" John Lennon I don't want no commies in my car. No Christians either. The worst thing about corruption is that it works so well,
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Ahab McBathsalts
OTD Windmill Administrator




Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB
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Re: What's the least ethical asset you're invested in? [Re: Asante]
#28261136 - 04/03/23 07:53 PM (9 months, 20 days ago) |
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Philip Morris in the past. Well Altria Group before they spun off Philip Morris. I think they owned Kraft and Mondelez for a while. Altria Group was a big company.
Right now I got a bunch of General Dynamics and Northrum Grumman. They make the drones with bombs.
I got a good chunk in Suncor, the Canadian tar sands.
I also own a bunch of Corby Spirit and Wine. They distribute some terrible whiskys and Absolut vodka. They only thing worth a shit they sell is Kahlua and Triple Sec.
I might have owned Correctional Corporation of America at some point too. Or maybe I went short on them right before an election. I can't remember how I traded it.
-------------------- "Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."
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ergo_97
Strangerer


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Re: What's the least ethical asset you're invested in? [Re: Ahab McBathsalts]
#28282387 - 04/17/23 04:39 PM (9 months, 6 days ago) |
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I did some Shell too bad trip
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nooneman


Registered: 04/24/09
Posts: 14,555
Loc: Utah
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Re: What's the least ethical asset you're invested in? [Re: Asante]
#28282746 - 04/17/23 08:56 PM (9 months, 6 days ago) |
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Money.
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jecilium
Stranger
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Re: What's the least ethical asset you're invested in? [Re: mndfreeze]
#28304916 - 05/03/23 12:56 PM (8 months, 21 days ago) |
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Quote:
mndfreeze said: Existence.
I feel this. The only reason I stay in this place is for my small kids. What a crock of shit I was sold…
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ManianFH
living in perverty



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Re: What's the least ethical asset you're invested in? [Re: jecilium]
#28305748 - 05/03/23 11:29 PM (8 months, 21 days ago) |
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USO - oil stock. Shit sucked too, was in contango pretty much the entire time I owned it. Poor decisions of the uninformed.
-------------------- notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... " ChrisWho said: "It's all about the journey, not the destination."
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bio_alchemist
Shroom Operator




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Re: What's the least ethical asset you're invested in? [Re: ManianFH] 1
#28347853 - 06/05/23 05:46 AM (7 months, 20 days ago) |
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I made some $$$ from defense stocks. Specifically companies that make drones for bombing people. KTOS Back before I realized custodial finance was not my thing.
-------------------- vVvVv I Buy and Sell MONERO! USD for XMR vVvVv
Check out my Monero Guide to Economic Freedom!!!
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Just M
Cosmic Student


Registered: 08/06/23
Posts: 84
Loc: South Africa
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Re: What's the least ethical asset you're invested in? [Re: Asante]
#28437192 - 08/17/23 01:30 PM (5 months, 8 days ago) |
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Discovered my investment bundle had 4gen Revolution index included.
I quickly placed a stop to that.
Another one was a Dividend index that had rebalanced and placed a large tobacco company at first place. Quickly sold (did make some money before selling so wasn't bad)
Lastly an index that had shell stocks and just didn't know
--------------------
APE x NSS cross I created
Cluster heaven.
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YellowBelly
Stranger
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Re: What's the least ethical asset you're invested in? [Re: Just M]
#28464375 - 09/10/23 01:19 PM (4 months, 15 days ago) |
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I have index funds that cover the S&P500. So uhhhhhh a lot.
-------------------- LAGM 2024
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: What's the least ethical asset you're invested in? [Re: YellowBelly]
#28465622 - 09/11/23 05:26 PM (4 months, 14 days ago) |
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Shell is artificially high so i took a put option.
But is banking on Shell tanking, unethical?
-------------------- Omnicyclion.org higher knowledge starts here
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Ahab McBathsalts
OTD Windmill Administrator




Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB
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Re: What's the least ethical asset you're invested in? [Re: Asante]
#28469500 - 09/15/23 04:45 AM (4 months, 11 days ago) |
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Oil has been on a straight line up from 70 in July to the top of the range at 90 on WTI. I know you fellas love Brent.
Artificially high at a PE of 8 is a bit aggressive. Offshore wind auctions are going un-bid on due to uneconomical conditions with high interest rates, material costs. Oil is still going to keep booming and bust. Inflation adjusted crude is still pretty cheap.
High energy inflation would be the chef's kiss after the central banks have aggressively hiked over the past few years.
Or alternatively. High energy prices for places outside of Europe would be a way to get a recession meaningfully started and finally break the price spirals we've seen after a period of higher prices.
-------------------- "Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."
Edited by Ahab McBathsalts (09/15/23 05:32 AM)
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Groovy Grant

Registered: 07/31/00
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Re: What's the least ethical asset you're invested in? [Re: Ahab McBathsalts]
#28469533 - 09/15/23 05:44 AM (4 months, 11 days ago) |
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MO - Altria.
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


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Re: What's the least ethical asset you're invested in? [Re: Groovy Grant]
#28471413 - 09/16/23 05:23 PM (4 months, 9 days ago) |
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Well I'll be damned, it's GG ! Nice to see you swing by! 
Ahab is right, oil has been hot. For those who like to trade around positions, I would however advocate peeling a bit off of any oil related positions that have been on fire of late. Just skim a little profit off the table to feel good about, maybe you can put them back in play later if there's a pull back, or rotate into a different sector to rebalance a bit, since if you have been heavy on oil, you're now even more overweight due to the solid price appreciation the sector has been benefitting from. Note that I have nothing against a concentrated portfolio; if you're trying to outperform the market, you necessarily need to concentrate into strength to do so. But I also firmly believe in taking incremental profits as they present themselves.
As for least ethical assets, it's a bit difficult to quantify it. I won't buy an IPO, secondary offering or private placement on a company I'm not comfortable with... but with regard to publicly traded tickers, I just follow price. What the company actually does is generally irrelevant, and for short term trades, not necessarily something I even look into.
If pressed, I suppose the physical precious metals I hold may be the least ethical asset I own, as our earth is often ravaged in order to retrieve and isolate them, and there have obviously been countless human rights abuses throughout history due to the efforts to obtain them.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: What's the least ethical asset you're invested in? [Re: geokills]
#28472865 - 09/17/23 05:38 PM (4 months, 8 days ago) |
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Whooa Groovy Grant! Have i even seen you post in a decade?
Shell went up 
I got till 2027 for it to come back down tho.
If Shells still over 30 tomorrow, might chance a put option on 27.5, ten year high, thats gotta come down.
is it unethical to put option Shell tanking?
i'm really uncomfortable with leveraging gold lowering in price, its against my goldbug genes to go against gold.
-------------------- Omnicyclion.org higher knowledge starts here
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Groovy Grant

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Re: What's the least ethical asset you're invested in? [Re: Asante] 1
#28474573 - 09/19/23 05:20 AM (4 months, 7 days ago) |
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Short selling Shell is the opposite of unethical. Shell is one of those companies, that people don't realize just how awful they are. They fly under the radar, as they're not as well known as say Exxon, Chevron or BP. Although shorting Valero would be the ultimate as far as anti-unethical goes.
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Groovy Grant

Registered: 07/31/00
Posts: 6,635
Loc: TX
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Re: What's the least ethical asset you're invested in? [Re: geokills] 2
#28474575 - 09/19/23 05:21 AM (4 months, 7 days ago) |
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I was going through old posts, and saw our back and forth on here on AAPL from 2008. Had forgotten about Money Matters, but glad it's still around! I never did sell those shares...
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RareTricho
Stranger
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Re: What's the least ethical asset you're invested in? [Re: Asante]
#28519853 - 10/27/23 07:40 AM (3 months, 4 hours ago) |
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Wars. Many are invested in wars against our free will to a lesser or greater extent.
As can be seen here though, some willingly support companies that make equipment to kill people - probably often times innocent women and children - and they seem to have no issue sleeping at night.
Others, such as many worker bees get funds taken against their will and that is invested into things like nooks and other weapons without their knowledge.
The corporate world has far too much influence in politics, in fact there does not really seem to be a dividing line anymore. People have become only useful if the "system" can profit off them. Cogs in the corporate machine. Saddest thing is, we support that very system.
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