![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
Apr. 9th, 2009
Investing and personal choices
Apr. 9th, 2009 03:21 pm(1) If you have an income and invest in stocks/mutual funds - either via a retirement account or retail account, are there any types of stocks you avoid based on your personal ethic?
Commonly avoided examples include: sin stocks (tobacco, gambling, alcohol), defense stocks, avoiding a company due to business practices or environmental (Exxon-Mobil, GE, Walmart, Levi-Strauss, McDonalds,) avoiding a company due to the personality of the CEO (Apple, Microsoft)
(2) If there are stocks you avoid, do you choose mutual funds that exclude the same stocks?
Just curious; I've been experimenting with several types of stock screens - Smith and Wesson Holding Company came up in one screen. It caught me off guard.
Intellectually - yes I would buy this. There is a little voice in my mind - my parents implanted sympathetic magic - you don't buy the suffering of other people. Hence nothing that is used specifically to harm others (weapons) and nothing that profits on the losses of another (foreclosures.) Ironic since my father collects guns and will be the first to buy something from someone under economic distress.
Commonly avoided examples include: sin stocks (tobacco, gambling, alcohol), defense stocks, avoiding a company due to business practices or environmental (Exxon-Mobil, GE, Walmart, Levi-Strauss, McDonalds,) avoiding a company due to the personality of the CEO (Apple, Microsoft)
(2) If there are stocks you avoid, do you choose mutual funds that exclude the same stocks?
Just curious; I've been experimenting with several types of stock screens - Smith and Wesson Holding Company came up in one screen. It caught me off guard.
Intellectually - yes I would buy this. There is a little voice in my mind - my parents implanted sympathetic magic - you don't buy the suffering of other people. Hence nothing that is used specifically to harm others (weapons) and nothing that profits on the losses of another (foreclosures.) Ironic since my father collects guns and will be the first to buy something from someone under economic distress.