“As an investment firm, you might think we’re ready to sell any available stock or bond. That’s where the Edward Jones difference comes in. We believe financial security is about more than investment types; it’s about well-informed choices and long-term planning. And frankly, some investments out there don’t fit our philosophy.”
Sounds very conservative. The kind of business folks we all need.
They won’t sell just any available stock or bond. It’s a matter of principle for them.
They further explain that they won’t sell you “penny” stocks, or the latest trendy “hot stock”, or even stock options or commodities.
They say they believe in financial security more than the investment type. Long term planning. And they remind you that some investments simply don’t fit their philosophy, and so they shun them. Out of principle, we’re to think.
All good.
But they will choose to advertise on, and thus invest their own dollars advertising on the dreadful CBC — a state-owned, socialism-reliant, government-controlled news and documentary and (supposed) entertainment network and big-government behemoth that relies on taxpayer-funding. Thus de facto sponsoring that outfit.
Investment firms do research before recommending investments to clients. Having done more than my fair share of due diligence on this phony “company”, the CBC, I find it to be a terrible investment for any corporation. This non-“company”, which is really a government division and not a “company” at all in the traditional freedom-
Making sense of investing? Oh really? On the CBC? That actually sounds like an investment that works against me and everything I stand for.loving, free-market, capitalist sense, seems to me to be dominated by a whole culture of anti-corporate, anti-conservative leftists and progressives and socialists and “artists” who, at best, don’t give a crap about the success of capitalist companies —least of all “Wall Street” investment companies like Edward Jones or their clients, whom they hold in contempt more than anything.
In fact it could arguably be said that the CBC has a vested interest exactly the opposite of success for companies like Edward Jones and their clients —because they believe in socialism at the CBC, and not capitalism so much.
The CBC is the anti-Edward Jones. While the CBC relies on taxpayer-funding, and therefore high taxes, surely Edward Jones believes in reduced taxes for their clients and for corporations generally, so that they can invest in other corporations and make the world go around. Surely they don’t recommend investments which cause their clients to pay increased taxes, but rather the opposite. And surely they believe that it is this model —increasingly freedom and unfettered capitalism— which is the best fit for its clients and for themselves and by extension, the nation as a whole. Surely they don’t believe in increased regulation, and bigger government, and increased taxes on the investing public, and more intrusions and meddling in the economy by progressives in progressive governments.
Or do they in fact believe in socialism? Because they are presenting a very mixed message to me, advertising on and therefore supporting a socialism-reliant propaganda network dominated by leftists who would just as soon see the end of companies like Edward Jones and their clients.
So as investments go, this doesn’t seem like a good “long term strategy” for any corporation or believer in freedom, nor, especially, for one which wholly depends on folks—customers—actually having after-tax dollars to invest —and who want to invest in other capitalist corporations, at that.
While they may not want you to invest in “just any available” stock, they are mindlessly intent or content investing in “just any available” medium themselves, including even those which work directly against them—and you too. The CBC is another tool in the progressives’ toolbox which feeds (and I would argue was always designed to feed) into the big-government, progressive model. If that model isn’t stopped, it will help further marginalize or even destroy the operating basis of companies like Edward Jones, which rely not on socialism like the CBC does —but on the exact opposite: freedom, and free markets, and capitalism, and governments which do not chose to compete against their own citizens, as the government-controlled CBC does.
What kind of “long term thinking” is this? What kind of “philosophy” and principles are they themselves following? And what can we as potential clients take from that? You should think about that before investing even 10 cents of your after-tax dollars through them.
Edward Jones is almost like the opposite of the CBC, you’d think.
Make sense of investing. It’s a great motto. For all free people.
UPDATE: related article
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