Is investing within this a conflict of interest?
I was watching Mad Money next to my husband last hours of darkness and Cramer was conversation about a company call Allergan. They make botox and silicon implant. But they also make a gastric tie that helps diabetics who elect to enjoy this surgery live longer and healthier lives.My husband surrounded by an endocrinologist and he agreed with what Cramer have to say roughly this helping diabetics. I asked my husband if I should consider this stock and he said, "No, its a conflict of interest." I disagreed and we continued to discuss it. Basically he says as an endocrinologist he can recommend a lenient have a gastric banding surgery. However the surgeon (not the endocrinologist) would in fact make the judgment as to which banding system to use (Allergan's band or someone elses). To me the conflict of interest would be for the surgeon, not the endocrinologist. In a court of regulation would it be considered a conflict of interest for an endocrinologist to own stock in such a company as Allergan?
Answers: It could be difficult for him especially if he recommended it to someone who be then told by another docter it wasn't crucial. Because he's in a position of trust beside patients, he would have to disclose any financial interest he have in something he recommend. Legally I think he could own the stock but that wouldn't stop someone from suing him if he made a mistake within recommending it and they thought that be the reason. In other words, for your own piece of mind you should probably preserve your investments away from anything your husband could influence. There are lots of other good stocks out near, just hold on to watching for them.
It is not a conflict of interest, a surgeon cannot influence the value of stock by reccommending it's products.
There is more potential another reason for dearth of interest by your husband...like is this the best place to invest money?
I wouldn't reflect on so. Maybe if you had a declarable stake, or held a directorship.
This would be set to a GP or anyone who has an influence over manufacture of drug would not be able to buy shares within, say , Glaxo.
I must agree beside Raysor. A doctor cannot affect a stock price by their prescriptions. That would be comparable to a Radiologist not investing in Kodak because he/she might charge extra views to better see a fracture.
What 10 companies are you categorically convinced will still be contained by business 20,30,40, 50 years from immediately...?
Assume you have to pick 10 stocks and NEVER translate them for your retirement, or for your childs education. What 10 companies come to mind. Obviously big bonnet dow stocks like JNJ, KO, etc... but what else?Thanks;
P.S. I asked this examine earlier and get some good responses, in recent times reaching out to a new crowd...
Answers: Well, only because a company will still be around does not mean it will be a pious stock investment...
However, companies that will probably never go away would include:
Microsoft - love 'em or dislike intensely 'em, they dominate the software market
Cisco - same treaty...they basically dominate the internet hardware side of things and would be difficult to dethrone.
Oil Companies - they will uphold power because even with adjectives the bad press, we are not even remotely serious roughly alternative fuels or even fuel efficient vehicle. I think the modern guidelines are to have the average MPG to be 25 by the year 2015. Basically its a kid, so these monsters will continue to chug along.
Auto manufacturer - even if we are flying hovercraft in the year 2058, we still involve someone to make them and nearby is no reason to believe they will be replaced.
Anyway, its not 10 unless you break some of the answers down to their component companies...but... *shrug*
Microsoft
Nike
Folgers
Glaxo Smith Kline
Clonaid
Johnson & Johnson
Lockheed
JPL
Pfizer
Sony
In no fussy order..
1- G00GLE
2- Fox Broadcasting
3- McDonalds
4- Microsoft
5- Coca-Cola
6- Disney
7- Sony Electronics
8- Warner Bros.
9- Wal-Mart
10- Dell Computers
BP, Shell,\Lloyds TSB, Barclays, Rio Tinto, BHP Billiton,Conoco Phillips, Target, BT Group, Unilever, Syngenta, Monsanto; how many's that?
I don't deduce Microsft, G00GLE, Yahoo , McDonalds, Dell have get a hope in hell of mortal around in 20-50 years
G00GLE
What is a realeastate homestaed?
protects from what? can be used on which property?Answers: Homestead in Texas routine you get an attachment tax break on your taxes. Say your house is valued at 100,000 dollars. They would clutch say 5,000 sour the the value and due you for only 95,000 appeal. Also you are protected against the state from taking your property because of past debts...