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[-] AFKBRBChocolate@lemmy.ca 24 points 1 week 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?

[-] StopTech@lemmy.today 17 points 1 week ago* (last edited 1 week 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.

[-] AFKBRBChocolate@lemmy.ca 8 points 1 week 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 5 points 1 week 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 points 1 week ago

Agreed but I haven't heard of that

this post was submitted on 28 Feb 2026
201 points (100.0% liked)

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