I’ve saved up some amount of cash, but family is poor and hasn’t had useful advice. I feel like the stock market hasn’t been great for society, but surely there are some causes who would use the capital for good (and give it back when I need it later)? I have a half remembered portfolio from a previous union with a big war chest, but it doesn’t feel actionable.
I’m in North America + UK; but answers globally I think are interesting.
Yep, if you’re making money from stocks, someone else is losing that money because you’re obviously not creating value by investing.
Just because the “winner” (thief) is separated by layers of abstraction from the “loser” (victim) doesn’t make it ok.
So no, there’s no such thing as ethical investment.
I was going for “the ownership class in capitalism is never ethical” but I’ll take what I can get.