Recent News
The debate continues on the merger of XM (XMSR ) and Sirius (SIRI ) Satellite Radio as the case again comes before the Senate Committee on Commerce for round four since its original proposition in February. Opponents argue that the merger will create a monopoly, leaving a sole provider for satellite service to consumers. This, they argue, will lead to increased prices and decreased content. Advocates argue that the merger is necessary in order to compete against other technologies, including terrestrial radio, MP3 players, CD/DVD etc. The inference is that the battle between the two small companies for the limited audience is splitting the market and preventing its advance against the other technologies.
|
| The End of Socially Responsible Investing? |
| Written by Michelle Haimoff | |||
| Wednesday, 01 October 2008 17:34 | |||
|
Whenever I get into a conversation about socially responsible investing, the other person usually says, "Do people really care about socially responsible stocks? Don’t people just care about making money?" Socially responsible investing has long had a bad rap as a waste of time for people who need to make actual money. And in today’s volatile economic climate, its rap may worsen. Even in talking about wine, a recent New York Times article reads, “Sure, a few financially invulnerable types may be left standing for whom the price is irrelevant, but for most people, price and value are especially important now.” Surely this logic can be applied to the stock market too. But the interesting thing is that we got into our current economic crisis because of a lack of foresight, and socially responsible investing necessitates farsightedness. SRI funds, such as the Domini 400 Social Index, match or outperform their market counterparts in the long run. And it makes sense if you think about it: Big oil stocks might be sky rocketing right now, but there’s no guarantee they’ll be able to keep up with the technology of the future. Conversely, socially responsible companies take into account their long-term effects on the environment and society at large. So will the current financial crisis put an end to socially responsible investing? Not for the investor who stays far enough ahead of the game. Site disclaimer.
|
|||
| Last Updated on Monday, 06 October 2008 15:56 |
Latest Postings
- Energy Stocks Got a Boost Monday
- 12 Interesting Things I Learned at The Feast
- In a Warming World Coastal Forests Are the Only Defense
- FDA Approvals and What They Mean to You
- What Happens to the Stock Market if Obama Becomes the CEO of America?
- Global Bailouts Will Lead to Global Inflation: How to Play It
- Global Bailouts Will Lead to Global Inflation: How to Play It
- Orbit Gum: Whiter Teeth Plus Gout and Heart Disease
- Exxon Mobil (XOM) Works On Its Eco Image
- Bush's Final Legacy: Stealth Tort Reform
- Amendment 58 in Colorado Seeks to End Subsidies for Big Oil
- Have the Numbers Gotten Too Big to Understand?
- Why Paulson Can't Clean Up the Pollution on Wall Street
- Will the Real David Icke Please Sit Down
- Beyond Growth: The Wealth of Community
- Big Oil Falls with the Stock Market
- The Rebirth of the System: From Caterpillar to Butterfly
- Pain Relief Without Addiction
- Why I Like Obama on Energy
- The Feast: Social Innovation Conference
- Vaccination Side Effects, Sponsored by Merck
- We Won!!!
- Reframe It: Reading Between the Lines
- The Next Great Pandemic
- Tesoro (TSO) Fights California Ethanol Mandate