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Tue Jan 29, 2013, 10:10 PM

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This message was self-deleted by its author (JaneyVee) on Wed Jan 30, 2013, 08:36 AM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.

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Reply This message was self-deleted by its author (Original post)
JaneyVee Jan 2013 OP
Schema Thing Jan 2013 #1
JaneyVee Jan 2013 #7
BlueStreak Jan 2013 #2
JaneyVee Jan 2013 #8
aristocles Jan 2013 #3
IDemo Jan 2013 #4
dballance Jan 2013 #5
JaneyVee Jan 2013 #11
NoOneMan Jan 2013 #6
dlwickham Jan 2013 #17
NoOneMan Jan 2013 #18
rhett o rick Jan 2013 #9
aristocles Jan 2013 #12
rhett o rick Jan 2013 #13
aristocles Jan 2013 #16
rhett o rick Jan 2013 #19
aristocles Jan 2013 #20
jberryhill Jan 2013 #10
SayWut Jan 2013 #14
high density Jan 2013 #15
Warren DeMontague Jan 2013 #21

Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:19 PM

1. ethically sound?



Conceptually, what did you learn from the Forbes article that you didn't know before you read it? I'm guessing you could have thought up this use for 3D printers yourself, had you been so inclined and took a minute or two to think about it.


3D printers could also print a machine that very slowly kills puppies. They could print gears to make stretch racks for torture. Horrible doilies and knick-knacks that could make you want to kill yourself.

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Response to Schema Thing (Reply #1)

Tue Jan 29, 2013, 10:29 PM

7. The website seems to post video's of small manufacturing tools, screwdrivers, hammers, etc.

I'll take that as a no.

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Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:26 PM

2. Would you avoid investing in a duct tape company because sometimes

duct tape is used to tie up hostages?

Would you avoid investing in a car company because many bank robberies are done by people who use a getaway car?

There are plenty of good reasons NOT to invest in 3D printer companies, but IMHO the chance that somebody will illegally manufacture a gun magazine is not one of the reasons.

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Response to BlueStreak (Reply #2)

Tue Jan 29, 2013, 10:30 PM

8. Good point.

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Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:27 PM

3. Worth investing in financially? Absolutely!

 

Look closely at 3D Systems (DDD).

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Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:28 PM

4. Go for it

The same ethical concerns could be had about computers and the Internet. That a technology becomes useful for purposes other than for the greater good is likely to happen with almost anything, regardless of its other uses.

I would be interested in owning one of these when they can work with more than acrylics, affordably.

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Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:28 PM

5. I Think, As They Say, The Horse is Out of the Barn

I'd say don't sweat the ethical issues right now if you feel it's a good long-term investment. Seeing what that defense company was able to do and having watched some other videos of people printing hammers and wrenches to demonstrate the durability of the process it looks like it's viable technology.

There are many things in our world that are "dual-use." Meaning they can be used by civilians and by the armed forces/CIA/Secret Service and terrorists too. Computers and most networking equipment come to mind as a good example. So if you try to be overly concerned about the ethics while hundreds or thousands of others are investing you might miss a good opportunity. Someone could have made the ethical argument about the IBM PC or Compaq - which came out with the first "portable" computers. We called them "lug-ables" because they were about like a small suitcase (and as heavy as one filled with rocks) in case you're not familiar with them.

Now, if you found you had invested in a company that is supplying terrorist and criminals knowingly then you should certainly divest yourself of that investment on ethical principle.

Just my .02 cents.

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Response to dballance (Reply #5)

Tue Jan 29, 2013, 10:34 PM

11. Good points.

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Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:29 PM

6. The earth needs more people to have more access to producing more crap that they dont need

 

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Response to NoOneMan (Reply #6)

Tue Jan 29, 2013, 11:24 PM

17. and who is to decide what someone needs and what someone doesn't

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Response to dlwickham (Reply #17)

Tue Jan 29, 2013, 11:35 PM

18. Lets all have everything until we die from ecological breakdown.

 

Discussion averted!

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Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:31 PM

9. Invest in the stock market if you think Wall Street is honest. IMO it's probably safer to

go to Vegas. And more fun. Stock prices are not necessarily related to how well the company does. It is based on the popularity of the stock. The popularity is easily manipulated, esp by those with lots of money. While their manipulations make them tons of money, it comes from those that dont have the inside scoop. If you guess right you might make it.

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Response to rhett o rick (Reply #9)

Tue Jan 29, 2013, 10:35 PM

12. Stock prices based on the popularity of the stock?

 

If it's true, I make a pretty good living by guessing.

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Response to aristocles (Reply #12)

Tue Jan 29, 2013, 10:44 PM

13. Then you are either an insider or one of the lucky.

Stock prices are completely determined by the market of the stock. If it is popular then more people want it and the price goes up. A number of things can affect the popularity. If the company does good, it will be reflected in the popularity. But CEO's and executives that make millions from selling their stocks, can and do manipulate the popularity.

A number of years ago, I read about how some newspaper stock annalists would manipulate stock prices using their "predictions". When they predicted a certain stock would go up, and millions read their prediction, bingo-bango the price went up as many bought. Of course these false raises are quickly corrected. Almost always the uninformed loses while the informed gain.

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Response to rhett o rick (Reply #13)

Tue Jan 29, 2013, 10:52 PM

16. You are, quite simply, mistaken

 

Example. The share price of a "popular" stock plummets when quarterly earnings disappoint. Take Apple as case in point.

Successful investing is not as simple as you want to imply.

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Response to aristocles (Reply #16)

Wed Jan 30, 2013, 12:03 AM

19. I am mistaken?? Or you disagree? All stocks go up and down. Some times it

correlates with the strength of the company and sometimes it doesnt. I would think it would be quite apparent that Wall Street insiders can manipulate the price of stocks. If you choose to believe otherwise, best of luck to you.

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Response to rhett o rick (Reply #19)

Wed Jan 30, 2013, 04:16 AM

20. Investing is definitely not a matter of luck

 

But I guess we'll just have to disagree.

Individual stocks can be manipulated, but not markets or market sectors.

My investment experience tells me manipulation is a minor factor in the movement of the market overall. So do my profits.

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Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:32 PM

10. Cameras are used to make child pornography


Stay away from investing in things like cameras and lights, since these are used to make child pornography.

I guess having laws against child pornography is pointless, because the technology to make it at home is readily available to people.

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Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:48 PM

14. One word.

 



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Response to JaneyVee (Original post)

Tue Jan 29, 2013, 10:48 PM

15. Vanguard total stock market index

VTSMX. Trying to pick individual stocks/sectors is for the birds.

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Response to JaneyVee (Original post)

Wed Jan 30, 2013, 04:21 AM

21. It's the future.

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