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re: Paying too much for petrol?

Posted by:
Smeghead 11:45 am UTC 06/17/08
In reply to: re: Paying too much for petrol? - Pudding 04:11 am UTC 06/17/08

I would daresay it is anyone around the world. If you have your money in a managed fund that changes constantly why bother keeping up on where it is. That is why you have it in a fund that someone else manages.

> Perhaps it's an American thing then being cluesless as to
> where your money is invested.
>
> > You are quite mistaken. Every0one I know is invested in
> > pension funds and has no idea where the money goes. I
> > don't know where my money is invested (I hope it is in
> > porn) my wife doesn't know where her money is invested.
> > My friends, parents, co-workers... I don't think any of
> > them know..
> >
> > > > > > Regular people all over the world who have pensions who've
> > > > > > invested in oil companies should be glad that they are
> > > > > > doing well.
> > > > >
> > > > > I know of no regular person anywhere who's pension is
> > > > > invested in an oil company.
> > > >
> > > > Most people have their moneies invested in funds and don't
> > > > even know those funds are invested in oil comapnies.
> > >
> > > I have an investment in a pension fund and I know exactly
> > > what percentage goes into what. I'm fairly certain that a
> > > regular person (anywhere in the world) would know if
> > > they've invested their pension into an oil company. If a
> > > pension scheme had a portfolio of shares through a managed
> > > fund and a small part of that was invested into an oil
> > > company then they might not know, but that isn't what was
> > > said.


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