Luke Dorny 

You realize what your successful 401k is invested in times like these.

I’d like to invest in morally positive companies. Is there a corp B fund?

I dunno.

(Edit: watch replies for info)

Mar 16 at 2:26pmWeb
Show threadSimon CozensMar 16
@Luke Ethical investing is definitely a thing. Don't know what the US scene is like but we use the original (Ethical Investors UK) for our pensions.
Show threadLuke Dorny Mar 16
@simoncozens good to hear. Really good.
Show threadLauren IsaacsonMar 16
@Luke there are ESG and activist funds that you can participate in.
Show threadLuke Dorny Mar 16
@curio_research now if I can pull my retirement and transfer or even out then in those. Will def look into it today.
Show threadJacksonMar 16
@Luke vanguard has a social index fund that performs just a little worse than their normal one https://investor.vanguard.com/investment-products/mutual-funds/profile/vftax
VFTAX-Vanguard FTSE Social Index Fund Admiral Shares | Vanguard

Vanguard FTSE Social Index Fund Admiral Shares (VFTAX) - Find objective, share price, performance, expense ratio, holding, and risk details.

Show threadDoug WilsonMar 16
@Okay @Luke Thanks for this. Will strongly look into shifting my Vanguard stuff over to this.
Show threadJacksonMar 16
@Luke Had to look it up, 3 year/5 year return on these was 21.8%/10.1%. For comparison, the 500 index fund return was 21.6%/13.8%.
.
Show threadLuke Dorny Mar 16
@Okay Hey, I'll take those odds while not supporting the corps I dislike. That's great!
Show threadJohn HudsonMar 16
@Luke Here in Canada, I found credit unions were more likely to offer ethical investment funds than banks (at one bank, I was effectively shown the door when I asked about ethical options). I suspect the same would be the case in the US.
Show threadMonokromMar 16

@Luke It is well hidden behind euphemisms, but “economical growth” at this point in history (looking at you, Norwegian Oil fund!) is primarily just Monotype-style takeovers loading the once healthy company with massive loans that is repayed by cutting corners and treating workers and users like crap.

Not so terrible, I guess, with fonts as with health services and kindergardens. Profit is a real disease.

Show threadMonokromMar 16
@Luke the increasing demand for profit has terrible ramafications, driving up cost of living for everyone which pushes desparate masses into the hands of the far-right.
Show threadLuke Dorny Mar 16
@monokrom I agree. Growth for the sake of growth is a maddening path for all.