Wages of sin: who are you funding?

Dec 9, 2011 Full story: www.theage.com.au 9

DO YOU support tobacco companies, gambling and the makers of weapons and pornography? Before you answer no, you might want to check your superannuation fund.

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Since: Dec 10

Perth, Australia

#1 Dec 10, 2011
Wouldn't you only want your super investing in companies that make a profit....well they are doing just that...and it's nice to be a surgeon....with what he is earning he doesn't need super....

Since: Aug 09

Location hidden

#2 Dec 10, 2011
It all depends on whether you have ethics or just unfettered greed, or if your addicted to their useless drugs. There are many forms of ethical investment that brings good returns, sadly most people are such cloned slaves they do nothing and leave it to someone else which never happens.

If you can't take responsibility for your life, then you're just a waste of space and detrimental to a sane future.

Since: Dec 10

Perth, Australia

#3 Dec 10, 2011
Palawa wrote:
It all depends on whether you have ethics or just unfettered greed, or if your addicted to their useless drugs. There are many forms of ethical investment that brings good returns, sadly most people are such cloned slaves they do nothing and leave it to someone else which never happens.
If you can't take responsibility for your life, then you're just a waste of space and detrimental to a sane future.
Well seeing most are money making ventures they would naturally go for those with the highest rate of return, if that were the healthy, decent option then that is where they would put the money, obviously that isn't the case so they opt for the best option......else it would be financial suicide.....and seeing the government forces people to have super, then they are also promoting this system...which is geared to make the most of their investment and seeing all bussiness is about greed....I suppose there-in lies your answer....

Since: Aug 09

Location hidden

#4 Dec 10, 2011
Ahomana wrote:
<quoted text>
Well seeing most are money making ventures they would naturally go for those with the highest rate of return, if that were the healthy, decent option then that is where they would put the money, obviously that isn't the case so they opt for the best option......else it would be financial suicide.....and seeing the government forces people to have super, then they are also promoting this system...which is geared to make the most of their investment and seeing all bussiness is about greed....I suppose there-in lies your answer....
The law allows you to set up your own super fund, which is what I and many other sane peoples have done. This way you control where your money goes and what returns you get, it's not rocket science just a matter of due diligence and care. I lost a lot of money during the 80's collapse because I had money in a couple of major funds, but since I've controlled it all myself and have my own fund which has done extremely well. Wanker super funds bleed people dry and put funds into anything they think will make a quid, but lose money hand over foot in their ignorant greed.

It all depends on whether you want to be in control of your life, or be a slave and leave it to others and fate. That's what elitist wankers rely upon, the gullibility and stupidity of clones who believe anything they are told even when it is viewable wrong.

Since: Dec 10

Perth, Australia

#5 Dec 10, 2011
Palawa wrote:
<quoted text>
The law allows you to set up your own super fund, which is what I and many other sane peoples have done. This way you control where your money goes and what returns you get, it's not rocket science just a matter of due diligence and care. I lost a lot of money during the 80's collapse because I had money in a couple of major funds, but since I've controlled it all myself and have my own fund which has done extremely well. Wanker super funds bleed people dry and put funds into anything they think will make a quid, but lose money hand over foot in their ignorant greed.
It all depends on whether you want to be in control of your life, or be a slave and leave it to others and fate. That's what elitist wankers rely upon, the gullibility and stupidity of clones who believe anything they are told even when it is viewable wrong.
Or those that have little enough money and can't afford the whopping ammounts they hit you with when you move or discharge your funds.....And most people don't have a clue how to handle these schemes and are just as scared of losing the money when chopping and changing with the want to find the right fund...but their main object will still be to make as much for their money as possible?......
Smog

Fawkner, Australia

#6 Dec 10, 2011
Canberra, a festy plight on the national face.

Since: Aug 09

Location hidden

#7 Dec 11, 2011
Ahomana wrote:
<quoted text>
Or those that have little enough money and can't afford the whopping ammounts they hit you with when you move or discharge your funds.....And most people don't have a clue how to handle these schemes and are just as scared of losing the money when chopping and changing with the want to find the right fund...but their main object will still be to make as much for their money as possible?......
It's very simple to set up a super fund, there are instructions and forms on government sites. All you have to do is start with putting it into fixed term secure deposits with a separate non withdrawal but operating account for your fund, then branch out and put a small amount into bridging or short term financing, after that you put some accumulated funds into good return bricks and mortar. Once you've got that functioning you invest in high turnover good profit never fail business, maybe hospitality and certain service industry. Spread funds properly and logically and you can't go wrong. You have to be accountable, undergo audits and ATO investigations and legal responsibilities. As it's your own fund all you can't do, is spend any of the money on yourself, nor write of any without due cause.

Organised funds are for slaves who do exactly what they're told suffering the consequences of not taking responsibility for their lives. If everyone took control of their money, this would be a much better responsible society.

Since: Dec 10

Perth, Australia

#8 Dec 11, 2011
Palawa wrote:
<quoted text>
It's very simple to set up a super fund, there are instructions and forms on government sites. All you have to do is start with putting it into fixed term secure deposits with a separate non withdrawal but operating account for your fund, then branch out and put a small amount into bridging or short term financing, after that you put some accumulated funds into good return bricks and mortar. Once you've got that functioning you invest in high turnover good profit never fail business, maybe hospitality and certain service industry. Spread funds properly and logically and you can't go wrong. You have to be accountable, undergo audits and ATO investigations and legal responsibilities. As it's your own fund all you can't do, is spend any of the money on yourself, nor write of any without due cause.
Organised funds are for slaves who do exactly what they're told suffering the consequences of not taking responsibility for their lives. If everyone took control of their money, this would be a much better responsible society.
I shall endeavour to look into that, because it would be better knowing when and if you take a loss, it is because you are in control of it, and you that it is not because someone sitting on their butt doing nothing is benefitting from your hard earned dollar..methinks...
cateyes

Fairfield, Australia

#9 Dec 11, 2011
Ahomana wrote:
<quoted text>
I shall endeavour to look into that, because it would be better knowing when and if you take a loss, it is because you are in control of it, and you that it is not because someone sitting on their butt doing nothing is benefitting from your hard earned dollar..methinks...
It makes sense really, you don't have to put your money into a high risk type investment, just somewhere that pays reasonable returns and you have control over your own money - I would never personally put any of my own money into my employer super fund, even with the government's offer to match it - have never trusted super funds.

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