Doesn't matter to me which party is buying what.
Until we get money out of politics and slap term limits on these creeps the decay continues.
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Financial Advisors are the problem. Profit at any cost. There is no way to get money out of politics it is the greed of the stock market that is the real problem.
Well, as a financial advisor, I'd have to disagree.
What does a financial advisor have to do with money in politics, precisely?
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Yeah, I know you are a FA that was the point. Where do you think the money in politics come from and why? What if it were possible to remove the stock market from the economic equation. Would companies then be buying influence? How many of your clients come to you and say, "hey I really like this company and want it to be successful because of the product they make, I think it beneficial to society." Verses, "hey I really like this company and want to invest in it because I think it will make me a lot of money." Who do you advise people to invest in, companies you are wanting to be successful or ones that you think will make your clients money?
Now, can you name the problem that buying influence has caused to the average joe in America. Give an example such as, not taxing corporations nearly enough.
We rarely invest in individual stocks, but I understand your point. Yes, in a capitalistic society the goal of investing is to make a profit. There are also people in Japan, Brazil, Africa, Sweden and Germany who do the same thing, so this is not an American issue. The point of investing is to increase your asset level. The goal of investing is not to do something that is "beneficial to society", although there are many who invest in mutual funds that invest in more altruistic endeavors.
Once again, I don't understand how this matters. People invest for retirement, that's why they're investing. I'm a little lost here.
I don't get your point. Are you confusing financial advisors with financiers, bankers, ratings agencies, people like that?
Help me out here.
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