Chew with your mouth closed, say please and thank you, don’t fart on your sister…Teaching your kids good behaviour and manners aren’t easy, especially if your spouse doesn’t have the same type of standards you have.
Invest in weapons manufacturers, don’t forget to read the prospectus on the tobacco company, think about how you can make money out of war – whilst ‘sin stocks’ may have been ‘in’ stocks back in the day, investors are now voting with their dollars.
More and more investors prefer to follow companies with good standards in the ethical, social, and governance arenas. We may not all agree on what industries are ‘sin’ and which ones are safe, but there are some easy ones to avoid, and Simplicity are doing a good job at that. Sam points out some key observations here which may surprise you!
Sam Stubbs was most recently the CEO Of Tower Investments, a KiwiSaver default provider. Before that he was Managing Director of Hanover Group, and spent 10 years working for Goldman Sachs in London and Hong Kong. He previously worked for Natwest Markets, Fay Richwhite and IBM New Zealand.
He has been a Board Member of the Financial Services Council, and a member of the Government Taskforce on Financial Services.
Sam has an MA (Hons) from the University of Auckland. Sam is the father of two children. He dreams of Simplicity and sailing around the world.
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