AFKBRBChocolate 24 points 4 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?

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StopTech 17 points 4 months ago

It is reality. And unfortunately any "ethical" funds usually just focus on avoiding 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.

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AFKBRBChocolate 8 points 4 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.

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Peekashoe 5 points 4 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.

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StopTech 2 points 4 months ago

Agreed but I haven't heard of that

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