[FRIAM] Nautilus: Investing Is More Luck Than Talent

[glen ☣]

I'd love to hear people chime in on this.  I've tried to find ways to invest the tiny amount of my retirement contributions in places/things that I care about.  I've failed miserably.  I finally gave up and put some money into this:

  https://finance.yahoo.com/quote/COEAX?ltr=1

I'm slowly losing my money.  But I figure I'm at least, in part, paying myself (if my city takes on debt) or loaning/contributing money/fluidity to my local cities.  If I'm misguided on that, I'd appreciate some education.  The next time I move, I plan on doing the same thing in that region.


On 01/26/2017 12:42 PM, Steven A Smith wrote:
> Speaking of Investing: I suspect that more than a few folks here have significant financial assets.  I'm wondering what people believe here about "socially responsible investing".  About NOW seems like a good time to (re)evaluate any such strategies?
> 
> I *did* enjoy hearing Chomsky answer this question at a NAFTA talk in ABQ 15 years ago with the simple statement "Socially Responsible Investing is a contradiction in terms".   There was a loud titter among the roughly 50% students and a deafening silence among the other 50% Yuppie/Academic/Retireds.
> 
> I think of our *consumer* dollars as votes, it seems like our *investment* dollars are at least as important?

-- 
☣ glen