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08-26-2008, 11:59 PM #26
Senior Member
You are Big oil
Ha ha! It does sound funny as "hoilistic stock buying." The thing is there are so many thousands of possible investments, that it is pretty easy to find good investments with good numbers that avoid investing in companies that you do not agree with. In fact it can be a good strategy. Companies who are in some way irresponsible are more often hit with unexpected costs and difficulties that affect their performance --- big pollution cleanup costs, labor problems, government intervention, boycotts, lawsuits. Those kinds of problems can come suddenly and a company that was once prioftiable can see its stock tank in just a single news cycle.
Originally Posted by Bong30
Investing is mostly about numbers, but just because a company's numbers look good, if it goes against waht you belive, you might not find it to be worth it. There are plenty of responsible companies with good numbers.
I'm not saying that I do a lot of my investing using this as a criterion because most of my investment are in 401k's with limited investment choices. But when I did invest in single stocks in the past, they were all in good, decent responsible companies with good financials. They all made money for me.
And about, "Buy at a low number sell at a high number...seams easy" --- it seems a lot easier than it really is.










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