DISQUS

FFB · 1 year ago

There may not be many SRI's to invest but that would change if the demand for them changed. There's so many ETF's and such that come out every day. It may be that people who find "vice" companies objectionable need to contact companies like iShares and make it known that they are hungry for more SRI-type investments. I'm not too sure I buy the mind-set of not buying the stock directly but it's ok to have mutual funds that contain it. Maybe that works for an S&P type fund where it's an index that you can't change. But in an active fund you can choose not to invest.

Thanks for the discussion. It does make one think about where they are putting their money.

That Guy · 1 year ago

It appears that you've combined people's opinions with Biblical verses into an amalgam of watered down beliefs in action. And the interpretation of Paul's writings is quite a stretch of justification.

We all have a responsibility for our direct and indirect actions, and we do have the power to find out the holdings of mutual funds before we invest, and we do have the option to invest in "moral" funds, and we do have other investment opportunities if the funds puzzle is too much.

Take responsibility for your investments - all of them!

Ron Robins · 1 year ago

I believe that we must incorporate higher values in our investing decisions.! The reason for this is that when we invest in a company, or many companies in the case of a mutual fund, we share in the responsibility for the activities of those companies as well as participate in the outcomes of their corporate actions.

Also, I believe that if everyone does invest according to their personal values, then, since so many of core values are alike -- and are supportive of higher ideals -- that in the long run, only companies employing these higher values will truly prosper.

So let us invest in companies whose activities we believe are most helpful to us spiritually, ethically, and for life, generally!

As someone who has been following socially responsible investing (SRI) for over forty years, I can say from all the research now out that SRI can perform equally well compared to non-SRI , and depending on the time period you look at, often surpasses the performance of regular funds. Also their are now low-cost SRI - ETFs with very low fees.

Some of your readers might be interested to visit my website which covers the latest global socially responsible investing news and research. It's at http://investingforthesoul.com/

Best wishes, Ron Robins

Money Matters · 1 year ago

Thanks for the comment and link - I'll be including it, along with some
others, in my follow up post.

Mrs. Micah · 1 year ago

One fund I found recently is the Domini 400. It's supposed to mimic the S&P 500 but take out the offensive companies and add some less offensive ones. It's said to do pretty well (at mimicking the S&P 500), though I'm not good at analysis so you'd definitely have to look into it for yourself.

I don't know how it does on "vice" but I think it's supposed to screen a lot of those out.

Money Matters · 1 year ago

thanks for the comment, i'll have to check that one out. In checking out my 401k accounts, i'm finding so far that they're pretty clean except for some holdings in Wynn Casinos. for others out there who want to check what they have in their funds, check out this link:

Want to know what you own in your fund? click here.