boddhisatva wrote:
> First, owning shares is indeed immoral in my opinion. Buy bonds.
I can't follow your logic here. If owning equities is immoral because
shareholders (in those cases where the stock pays a dividend) receive
the surplus value generated by the workers, how is owning bonds any
less immoral? Shouldn't it be worse, as bondholders have a prior
claim to shareholders on any income generated?
What about stocks that don't pay a dividend? As far as I know, some
technology stocks don't -- Microsoft, for example. But there are
plenty of other reasons to find owning shares of that particular
company repulsive...
--
Curtiss Leung