Comment on Decisions, decisions...
AFKBRBChocolate@lemmy.ca 2 months ago
You know, this isn’t far from reality. Many of us have managed IRAs or invest in mutual funds and end up with some of our money where we don’t want it, and it’s hard to communicate. Are there any mutual funds or whatever that are focused on positive investments, and if so, do they actually grow?
mrgoosmoos@lemmy.ca 2 months ago
AFKBRBChocolate@lemmy.ca 2 months ago
Nice one
StopTech@lemmy.today 2 months ago
It is reality. And unfortunately any “ethical” funds usually just focus on avoid oil companies or military companies but are just fine with AI companies, surveillance companies, eugenics companies and so on. Nobody agrees on what is ethical I’m afraid. One man’s unethical practice is another man’s unethical-to-avoid practice.
AFKBRBChocolate@lemmy.ca 2 months ago
Agreed. And, sadly, there seem to be fewer and fewer companies that have being good citizens as a priority. We’re a long way from google’s “Don’t be evil” thing, for sure.
Peekashoe@lemmy.wtf 2 months ago
But it would be fantastic for a company to offer a translation layer so you can check off the types of stocks you don’t want to support, and it would customize an “index” to your ethical values by starting with a regular index and removing non-compliant companies.
StopTech@lemmy.today 2 months ago
Agreed but I haven’t heard of that