Socially Responsible Mutual Funds

Socially Responsible, "Green" Mutual Funds or simply "Do Good" Mutual Funds seem to have caught the popular imagination. With everyone from Al Gore to top companies "doing good" to save the World, Md. Yunus winning the nobel prize for his work in micro-credit, being ""socially reponsible" while catering to investment needs has gone mainstream. While previously preferred only by a few, they have entered the social consciousness of an average investor.

So what is a "socially responsible" fund? In a nutshell, its a scheme of a mutual fund that invests only in companies based on their social ethics, the environment policies followed by them, their corporate governance and business ethics. These schemes are researched and rated on the above basis and then their balance sheet and market performance is taken into account. Maybe the investor will get 5% or so lower return than the best diversified fund but the satisfaction will be there that the investor's return is not adulterated by greed!

Check out this article for more on these funds.

http://finance.yahoo.com/focus-retirement/article/104001/The-New-Do-Gooders?mod=retirement-IRA

What Is A Gormagon?

A Gormagon according to Francis Grose is a six eyed monster with three mouths, four arms, eight legs, five on one side and three on the other. Does it remind you of any one? ...just remove the word monster...then with six eyes, four arms, eight legs....what does Indian mythology have?

Indian mythology is full of such Gormagons...Only one of them has been likened to a monster (Ravana)...but he too was a "bidwan" (highly educated) and a Super King. Most Gormagons in Hindu mythology have been Gods.

Ravana had 10 heads and twenty arms (5 parasitic twins???) No wonder he could think ten times better and was revered and feared in equal measure. And who conquered him?

Rama, the lord with ten avataars... who originally is the four armed Vishnu! The for arms holding the "sankha" (conch), chakra (a revolving wheel made to measure), gada (mace), padma (lotus).


Then there is the three headed Brahma too (with six eyes)...and Durga with ten hands and three eyes. Shiva as Natraj has four arms and he also has three eyes. The third eye is all-seeing.

Indian mythology is replete with "gormagons" and none of them are monstrous like Gorse's creature.

Pattaya - The Place To Be!

Pattaya is the original "city of sin" though the Thai Govt. is trying hard to conceal the fact behind crocodile parks, elephant villages, coral islands and Ripleys museums! I mean in which other city would you find "working girls" openly accosting and soliciting single males at every roadside, beach side stall, pub, beach chairs, benches! The most amazing thing about Thailand holidays and Pattaya hotels is how they have made tourism work so efficiently with minimal knowledge of English!

I just returned from a few days trip to Thailand, and Pattaya obviously was part of the itinerary. Every travel agent during holidays in Thailand suggests Pattaya because its cheap, it has the sea and it has attractions of such exotic and erotic variety.

The trip to Pattaya was an eye opener to say the least. One couldn't help but enjoy the unprohibited show and the accompanying joie de vivre! Go-go bars on the street with open entrances (you can watch those svelte pole dancers from outside), the beautiful and "world famous" Alacazar Show (you cant even begin to guess that the performers are hermophrodites!!!), the line of beach stalls tossing together a home made fried rice, fried chicken, fruits, the beach masseuse going about her job thoroughly & professionally... and all those girls...so many of them dressed in all manners of provocation, everywhere. You cant tell one from the other. They are all stick thin, small and God knows how desperate. The lucky ones have landed a fat and rich companion. In fact where ever one looked there was a stocky elderly person with a Thai arm candy in tow, and they formed the most sought after clientele on Pattaya Beach! And then the Thai massage parlours! Parlours were there every 10 yards or so promising exotic Thai massage, Body massage, foot massage.

Pattaya Beach became all that it is famous for mainly during the Vietnam war when the soldiers came to it for recreation. Soon the local populace woke up to the opportunities and the rest is legend. However for a short period after the Vietnam War, the town faced a real crisis with no mainstay tourism with the original clientele back in their country. The town spruced up, provided more facilities and the world woke up to Pattaya.