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| re: Paying too much for petrol? | |
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Smeghead 12:38 pm UTC 06/18/08 |
| In reply to: | re: Paying too much for petrol? - Pudding 05:06 am UTC 06/18/08 |
| They probably wish they had... what with the record profits they could retire quite well off. > Had you bothered to read fully what I'd written in my > previous previous post you'd have seen that I wrote "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." > > What was said by John Galt was "Regular people all over > the world who have pensions who've invested in oil > companies should be glad that they are doing well" > > I'm saying I know of no one who has invested their pension > in just an oil company. > > > 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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| Previous: | re: Paying too much for petrol? - Pudding 05:06 am UTC 06/18/08 |
| Next: | re: Paying too much for petrol? - John_Galt 05:24 pm UTC 06/18/08 |
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