Apple Watch - Yay or Nay?

[Gandalf]

You seem a little different in that regard though, Walrus. You are not wearing it as a seduction device or saying to people 'Look at my watch, now kneel before me'. You just seem to have a thing for watches and collect them and that's perhaps a different thing.

Do you really own Apple shares though?

[walrus]

Yes, but I had a chance to get in when they were very low and I went a different direction. I actually think I may get a few more shares, I think they still have a lot of upside and an incredibly loyal following, mind you, I don't own any Apple products but they are a great company.

[Beanz]

You seem a little different in that regard though, Walrus. You are not wearing it as a seduction device or saying to people 'Look at my watch, now kneel before me'. You just seem to have a thing for watches and collect them and that's perhaps a different thing.

Do you really own Apple shares though?

No different than Gold. They are both morally indefensible, unethical investments. People die making or mining them, and you and Walrus profit at their expense. Carry on

[Gandalf]

Give an example of an ethical investment. All things considered precious metals is hardly like investing in fast food, electronics, or arms. In fact golds current problems stem from a manipulated price as ever conducted by the banks you all use and thus it costs more to mine than produce the gold. The lack of a true market value is what is unethical about gold. Mines should be running a healthy profit for what they do.

[walrus]

You seem a little different in that regard though, Walrus. You are not wearing it as a seduction device or saying to people 'Look at my watch, now kneel before me'. You just seem to have a thing for watches and collect them and that's perhaps a different thing.

Do you really own Apple shares though?

No different than Gold. They are both morally indefensible, unethical investments. People die making or mining them, and you and Walrus profit at their expense. Carry on

I don't know, I see nothing wrong with investing. I'm not Warren Buffet, just a guy trying to make a limited amount of capital grow. I do think Apple does some bs in China and they can certainly afford not to do it. I think most Americans who have ira, 401k and other investment vehicles are in Apple and probably don't even know it. I don't know if you have an invested pension fund in your neck of the woods beanz, I'm jealous if you are able to be secure enough in your future where you don't have to invest. I just want to try to avoid working until I'm 87 if possible. Who knows, the market could tank tomorrow and it would all be for naught. Damned if you do, damned if you don't.