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.
Very difficult for an outside investor to gauge the ethical practices of a business outside the broad brush stuff (war bad, solar good, etc)
The volume of cash you’re investing is likely a rounding error on a rounding error for the business, nevermind the industry as a whole, so you’re unlikely to shift behaviors with your choices
Ethical investing is riff with affinity scams.
It’s hard to gauge long term net benefits of an investment decision, which can lead to “Longtermist” style behavior.