So you or partner- investment decisions?

Is it you or your partner that makes the big financial investments/choosing financial instrument(s) to make hopefully good? (stocks, mutual funds, etc.)

I manage what I earn ...and some money I put into kitty on expenses with partner.

I rarely do it, but just bought a stock. Am just crossing my fingers. And it ticks me off royally that I had not purchased this particular stock 5 months ago!!.it is from a company that is heavily involved in the industry sector where I work now. I should know better than procrastinate too long.

Admittedly when I buy stock, I'm a nationalist: I will tend to lay my bets first on a home-grown company...based in Canada with overseas operations for expansion.

We did it together to start, but now he pretty much talks with our financial advisor. If anything big changes, I get a call from the advisor too, or hubby runs it by me.

We have always communicated about finances. It is something the priest addressed before we married and we chose to listen to him all these years.

El Hubbo works from home managing our finances/portfolio. This is what he does every single day, for 5-6 hours. He watches stocks, buys and trades. No day-trading as it's too high risk. Does not touch our "deep savings."

As a whole, he makes good investments, although nothing is fool-proof. Most of these are "our" holdings, except my SEP IRA, for which I'll only approve of companies that are socially responsible. Because of both our interests, our portfolio has a lot of biotech and medical research companies, especially start-ups that he thinks have a good prospect and potential.

He manages most household money. I manage my business. Our big arguments have never been about money.

My partner and I both had stock we bought. I bought only companies I thought were socially responsible, and he laughed at some of my purchases because I would buy one or two shares at a time. Fast forward five years - my portfolio had doubled in value because of stock splits, dividends, and increases in the stock price - he had lost quite a bit. He started buying the same stocks I had.

I would love for any of you to expand on your "socially responsible" statements. Pretty please? I'd like to know more of what you meant by this. I think I know, but lots of people have different ideas about what is socially responsible.

Can do?

I just decide what's important to me and choose companies that match my philosophy. I had looked into socially responsible mutual funds, but some of the companies they invested in didn't match my values. I look for companies that are good to their employees and to the environment, that are making an effort (documented, not just their say-so) to use renewable energy, whose CEOs aren't making outrageous salaries while paying their employees poor wages, who don't 'outsource' at the expense of American workers, etc. There are other things, but the important thing is each person has to decide for herself which values are important, and then research the companies that match. There are several decent 'green investing' sites where you can find the information. If you type in either 'green investing' or 'socially responsible companies' or some variation thereof, you will find lots of information.

Thank you Yonuh. I appreciate the input!

You're pretty good to do your research yonuh.
I do make a point of searching/giving priority to Canadian companies for investment purposes. There's no point for me to rant about foreign corporate ownership/penetration, if I don't also support economically, growing/viable Canadian companies. After all, we are next door to a powerful economic/trading partner, the U.S.

The type of industries I have invested are: entertainment (yes, there is a Canadian firm that produces shows for export/worldwide syndication and distributes films for worldwide distribution); construction (heavy machinery), transportation (manufacture of trains, subway systems, aircraft), windmills/windpower (was inspired after I saw windmill farms in prairie provinces), aerospace. All of these firms have international operations, but head offices in Canada.

My partner has his own separate portfolio. We do discuss in general what each of us have found unsuccessful/successful.