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Money Matters
PAGE 24 IDAHO SENIOR INDEPENDENT • APRIL / MAY 2021
Be an Activist Investor
BY JAMES PATTERSON
(SENIOR WIRE) Seniors should be activist
investors. We have an obligation to fight
for our right to be heard by corporate
management. Become an activist inves-
tor by reading corporate filings, staying
abreast of current economic and financial
news, communicating with corporate
management, and attending corporate
annual meetings if possible.
Investors should pay close attention to
corporate fees paid to accounting practices
and legal firms. Exorbitant fees without
detailed justification could undercut your
investments. You can find legal fees paid
in a corporation’s public filings.
Activist investors fight for their right to be heard by corporate management. They read corporate filings,
7736 W. Fairview Ave. stay abreast of current economic and financial news, communicate with corporate management, and
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At annual meetings, you can request the Another important way to develop skills
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Centennial Manor If you are a senior investor whose life- enjoy reading operations and customer
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your investment, then stock activism must especially like favorable reports from
• Senior (62+) and Eligible be your passion. If corporate response to stockholders. Negative reports can help
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concern that CEOs are withholding import- reports merely to annoy CEOs. We file
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A complaint of this sort is serious and will ence with the corporation. This is valuable
generate the attention investors need to market intelligence for management. It
Government Subsidized
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Self-Reliant Elderly “Playing the SEC card,” as this tactic is investment in the corporation.
senior living called, signals you as an activist investor Granted, not everyone has immediate
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Tweets to the CEO
may also be help-
A LITTLE CHICKEN TALK... ful. As a last resort,
Submitted by Julie Fink-Brantley I have sent hand-
One day a first-grade teacher was written messages
reading the story of Chicken Little to to CEOs by postcard
his class. He came to the part where when I was without
Chicken Little goes to the farmer and Internet access.
says, “The sky is falling!” By w h at ever
A leading healthcare provider in rehabilitation and skilled The teacher then asked his students, means, be an activ-
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chicken!” cial literacy advocate based
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