I wouldn’t go out of my way to finance something that I was morally opposed to but if you buy index funds then you’re going to invest in companies that you disagree with.
To an extent, yes. For example, I am against smoking as there are no good benefits, and they kill. Yes, tobacco companies rake in a lot, but not with my money going towards killing and/or severely impacting the health of those who use the products. However, it may be more difficult to find a great fund which does not possibly have a holding is come company which go against your values.
Almost all businesses are to satisfy people’s desires for their conveniences sacrificing the earth’s resources, so if I am seriously into religious, civic or otherwise, I won’t do investment at all.
We should make investment decisions to maximize return within the bounds of reasonable risk, not to promote social beliefs.
The proper response is to donate a portion of your investment gains to support causes you believe in.
It may be noble to shun investments in companies whose products or services we feel run contrary to our values. But as long as there are customers for these products or services, someone will provide them.
I wouldn’t go out of my way to finance something that I was morally opposed to but if you buy index funds then you’re going to invest in companies that you disagree with.
To an extent, yes. For example, I am against smoking as there are no good benefits, and they kill. Yes, tobacco companies rake in a lot, but not with my money going towards killing and/or severely impacting the health of those who use the products. However, it may be more difficult to find a great fund which does not possibly have a holding is come company which go against your values.
Almost all businesses are to satisfy people’s desires for their conveniences sacrificing the earth’s resources, so if I am seriously into religious, civic or otherwise, I won’t do investment at all.
We should make investment decisions to maximize return within the bounds of reasonable risk, not to promote social beliefs.
The proper response is to donate a portion of your investment gains to support causes you believe in.
It may be noble to shun investments in companies whose products or services we feel run contrary to our values. But as long as there are customers for these products or services, someone will provide them.
Sure they should…but not others (e.g. ESG)