PPRuNe Forums - View Single Post - Why the demise of QF29 HKG-LHR?
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Old 27th Oct 2011, 04:48
  #34 (permalink)  
Oktas8
 
Join Date: Jun 2001
Location: Australia
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Through the union, set up a super fund which invests in qantas, and redirect other super funds into Qantas shares.
As a matter of prudence, I don't make long term investments in my employer's shares. That way, if my employment collapses at least I have my investments, and vice versa.

Also, in the seventies many unions in western countries exerted a high degree of control over major employers. They did this through political rather than capitalist methods, but control existed in some form. Consider miners and car manufacturers in the UK, waterfront workers and builders' labourers in Australia & NZ. Now how well did that work out for everyone? Not well at all, for management or for workers. The power of unions and employers must be held in a balanced tension, and abuse results if either one dominates.

O8
Investor & union member
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