RICKAMAVEN
22 years ago
HockeyDad

i'm glad i haven't finished the 6 pack of diet 7 that i bought before christmas. i may just drink my vodka straight.
RICKAMAVEN
22 years ago
HockeyDad

incidentaly what source can i find re: "53% owned by the Carlyle Group?"
HockeyDad
22 years ago
Rick,

That's an easy one....

http://www.hoovers.com/dr-pepper/seven-up-bottling/--ID__40853--/free-co-factsheet.xhtml 

Or this one....

http://www.carlylegroup.com/eng/index.html 

Kinda leaves a bad taste in your mouth knowing you support and buy the products of one of the companies you hate the most? While you're at it, have you purged your portfolio of Haliburton stock? Are you sure?

HockeyDad
22 years ago
A cold Dr Pepper sounds good right now!

Cavallo
22 years ago
no worries, rick. sprite tastes just as good, imo. 🙂
DrMaddVibe
22 years ago
Nothing goes better with a case of reality like a big thick frosty glass of some Sweet Crude!
Cavallo
22 years ago
my ex-gf, who's waaaaaaaaaaaaay further left than oh, say, jane fonda -- she LOVES dr. pepper. i can't help but wonder if i should tell her the news?
Homebrew
22 years ago
Do it Tony,
Do it.
LOL
Later
Dave (A.K.A. Homebrew)
P.S.Haven't had a Dr. Pepper since they discontinued their 10 ounce returnable bottle.
Robby
22 years ago
Maven is a **** fart and he's never going to believe anything but the contrived crap peddled by the pedantic populists polluting our airwaves on the major broadcast networks. Don't try to confuse him with facts... He’ll just spew more BS out of the other side of his mouth when you plug one side with the truth. Sorry Rick, you know I love you, you’re just a moron, you can’t help the way you were born, it’s like being gay. (I'm sorry, was I just thinking that? or did I actually type it?)
RICKAMAVEN
22 years ago
HockeyDad

i don't have a portfolio. i do own 20,00o shares of apuuy that i bought for $0.06 a share and if it ever goes to a dollar, my kids can have it for a cruise or something.
HockeyDad
22 years ago
Rick,

Of course you have a portfolio, the only question is how actively you can manage it.

At a minimum, there is Social Security which is managed by the Federal government. This is invested in Treasury bills which helps fund the national debt.

Then there are 401K and 403B plans that are usually directly to mutual funds managed by the fund company.

There are traditional company pensions that are managed by the company itself. Most city, state, and county pensions are this type. Some companies got in trouble with these for investing too much in their own stock.

Then there is insurance. Yes, even insurance is a type of portfolio. You pay a premium, they invest the money, they pay out claims, and skim a profit off the game. It is capitalism and socialism at its best---profit taking and redistribution of wealth combined! Universal life insurance even allows you to direct your premiums to specific mutual funds while the other types are much more indirect.

Any source of retirement money you expect to flow in is some sort of porfolio. Because much of it may be very indirectly managed, it becomes quite hard to purge all of it of offending companies. That is the hypocritical beauty of boycotts!

Did you know the debtor-in-financing source for US Airways emerging from bankruptcy is the State of Alabama teachers pension fund? You never know who is investing in what unless you research it.

You never know what you might find until you start doing the research. You might find investments that are so indirect that you can't change them and then all you can do is stand up and shout "I'm making money off Haliburton!" Don't worry, it's not so hard to do. Just take a big gulp of an ice cold Seven-Up and the words will just flow!

Here's a stock tip for you. Schlumberger. It is a French company that is a competitor to Haliburton. They could stand to profit heavily under a Democrat in the White House if the DNC follows through on their rhetoric. Expect to see them make a few campaign donations!

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