Is ethical investment even a thing?
I never was interested in investing in stock (Is that the same as trading? I have no clue what I'm talking about), because people seem preoccupied with the returns without any concern for the impact of their investment. I don't want my money to support horrible business practices. I'm sure I'm already contributing to many unconscionable deeds through my 401K, and have no idea what the money in my savings account is used for. I just figured I would wait until I came across some ethical way of investing. Maybe a platform with smart filters? Recommendations from knowledgeable people? Discussion groups? Labels/certifications? NGOs? It's been years and nothing of the sort passed before my eyeballs. Does anyone out here invest ethically without spending all their free time? How do you do it? Who do you listen to? I don’t think anyone is going to knock on your door to show them to you, but it seems this exists. Doing a quick search, it appears the niche is named SRI (Socially Responsible Investing). According to this article there are around 500 SRI ETFs. I’m sure a few of them would fit your needs. https://www.investopedia.com/investing/rise-socially-respons... This is a solved problem. People put together (or try to) ethical index funds. Google the following: - index fund - ETF - green ETF If you're new to investing, I recommend Bogleheads as a short intro.