Nope. Name a company or even an investment that isn’t evil. Would you want to invest in it? If you tried to avoid all of them it would be a very difficult life.
Yes lmao
Yes
Do you remember the part in Schindler’s list where his factory’s weapons and ammo were all out of spec and couldn’t be used?
“As left as they come”.
Doubt.
Don’t do it, friend.
The better investment generally is to invest in index funds anyways, which makes your hands at least a little bit cleaner.
In theory if you could use any profits to make counter-investments or buy enough stock to be able to influence them to move in a different direction then your strategy might be viable, but unless you literally just buy 1 share to be able to harass them at stockholder meetings then in all likelihood your money is doing more harm than good.
Best to just straight up invest in organizations that are effective in stopping these things and influencing policy against them.
“listen. I don’t WANT Hitler to commit mass genocide. But I am going to fund the company of the gas chambers he plans to use. Because I benefit from it”.
It’s not a one to one comparison but um. Yeah.
Buying stock is not funding the company though unless the company is issuing new stock. The company already took the cash during the IPO. The only thing buying shares does is affect the price. So it will make some evil shit stain who is the founder of the company wealthier.
It’s a bit more nuanced. Buying the stock increases the stock price which makes issuing stock a better deal for the company in case they want to expand operations. It also makes stock buybacks less likely.
So if they issue stock OP is indirectly funding the company. If OP prevented a buyback and the money went into investments such as a new prison OP has an different effect. Otherwise there’s no effect.
I was coming to say that also.
The stock market is nothing more than gambling on the public (rich people) sentiment about how well that company is going to do. It’s similar to how there is gambling on who will win the presidency, and does not affect the outcomes.
Buying stock is not investment, the money that the company recieves comes from issuing the stock. Your money does not fund the evil things that the company does, unless you are paying for goods/services from that company. But, I have seen that stock price influences the decisions of leadership inside the company. Your individual action will not influence the stock price.
I would also ask yourself if this is beneficial at all.
Look at their historical prices. Investors have already bought into this.
“I’m not a Nazi”
Said the Nazi, investing in the German military. I’m a friend to the Jews! But I might as we’ll profit off of their incarceration and death, I mean, it’s happening anyway. It’s not like I could instead of thinking only for myself in this time possibly use some of this extra capital I happen to have available to invest and actually do some good with it, but nah.
If you think you see an opportunity go ahead and invest and don’t feel ashamed. Many of the Hispanic immigrant communities that will adversely be affected by mass deportation had high levels of Trump support.
I say fuck it and make a buck. May those who voted for Trump get exactly what they voted for.
Yes
Thought so. Just making sure.
“Would I be a bad person if I loaned the neighborhood pusher some money to re-up his fentanyl package?”
But the ROI is just too good!
Short answer: Yes
Long Answer: Good god, yes.
In effect, any gains you make will be blood money. Have fun with that.
