• Echo Dot
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    7 months ago

    A proper pension is diversified. They don’t invest entirely in one sector of business.

    Unless you’ll managing your own pension in which case that’s your fault.

    • @ThePyroPython
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      17 months ago

      That’s a fair point I hadn’t considered.

      • Echo Dot
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        7 months ago

        Out of interest I actually have just looked at how my pension is diversified and almost all of it is incredibly diversified. A lot I’d it is in pharmaceutical companies, and technology companies, but there’s even investors in a company that makes things like electric fences and barbed wire, I guess because the barbed wire industry is not going to crash anytime soon.

        If we are invested in water companies I can’t find them, so they mustn’t be a very significant percentage. And anyway why would they be? This scandal has been going on for so long that any pension management companies would have long since sold.