Ethical investing reddit See the parable of the talents at Matthew 25:14-30. The companies listed and the stock exchanges are all profit incentive, and unless consumers/politicians all care about ethical over capitalism at the same time, it will never change. Second hand smoke is a thing and she is basically harming them. His work has since inspired others to get the most out of their long-term investments. If I am having the same discussions/thoughts here at home. I'm wondering about different ethical perspectives on investing in corporations that are known (or thought) to exploit people (and/or the environment and/or animals). Purchase shares or ETF that are ethical. After all I have two sections: Passive and Active investing. I consider ethical investing like joining a union. There are mutual funds that try to put ethics more into consideration and As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. I am familiar with all the typical suggestions (VEQT/XEQT, VGRO, etc. You’re a global 1%er already. The fact that we haven't hit the equilibrium point yet where active managers can outperform passive funds implies one, or some combination, of the following: Can it be ethical to invest in a company with unethical practices if profits are donated towards efforts that seek to undo or change the company? (Buying common stock in secondary markets and donating profits from short term trading. Serving as a central forum for users to read, discuss, and learn more about topics related to the economic discipline. Join us for our sub-wide campaigns as we leverage the platform of Reddit to do some good for the climate. They promote reducing carbon emissions, since oil companies are something you would like to avoid. Aware super for one, /r/StableDiffusion is back open after the protest of Reddit killing open API access, which will bankrupt app developers, A lot of people will rag on ethical ETFs because they don't get the same returns but I'd argue that's not the point. By best I mean no investing in arms companies and fossil fuels. And yes, I realize now that it may not make much I received advice from a FI/RE community member to look into long-term index funds as a simple investment option, which sounds great to me. So it's tricky! Part of me thinks I should just make my money and use the proceeds to lead a more ethical life. Anyone do any ethical investing? I was thinking of investing and the most obvious thing seems like index funds due to low risk and regular returns, but by their very nature they invest in most of the market indiscriminately so likely in animal products/testing, deforestation, fossil After a year of working in real estate investment financing, I've begun to question the ethics of a majority of real estate investing. After a few hours of research it seems like Australian Ethical has a promising selection of managed funds which would allow me to dollar cost average my small amount of money in this volatile market by investing somewhere around $100 a month. I personally don’t buy any gaming (gambling), tobacco, or alcohol companies. I was curious how common it was to add an ESG tilt to investing and see what people were going with. - The principles of ethical investing 🤝 - How to build an ethical investment portfolio 📊 - Case studies of successful ethical investments 💼 - And much more! If you're interested in making investments that align with your values and want to learn more, this article is a great resource. if that becomes a reality, it's very likely that index investing would be the most ethical way to invest. Their ethical definition is pretty much as good as you’ll get. Also a lot of big money, like pension funds, are joining the game. Personally I find 'ethical' investing to be a very strange concept because imo there isn't a single company listed on a stock exchange who is remotely interested in whether what they are doing is ethical. Yeah I totally agree with what you I'm very new to investing, would you be able to explain to me what the difference between AEF (stock in Australian Ethical Investment Ltd I assume) and their managed funds (eg Australian Shares fund) are? And would you recommend simply buying stock in the company or investing into the managed funds? I started investing a few years ago and made really great returns 20-40% a year. It points out how some Tobacco companies rate far higher than Tesla because they are more committed to LGBTQ equality and because Tesla doesn't have a diverse boardroom. Great To see more such companies, go directly to 5 Best Ethical Companies to Invest in According to Reddit. I faced a similar issue a number of years ago when I first started investing. What does ethical investing mean to you? That's a really really really broad area. 5% GNC Graincorp 0. We believe in being socially responsible with our money and As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. We have written rules to support this aim and welcome those who want to learn and those who want to contribute. When investing is talked about within the community it's painted with this rosy brush where investors are going into neighborhoods filled with dilapidated properties and breathing new life into them. Posted by u/deech33 - 23 votes and 12 comments. And View community ranking In the Top 1% of largest communities on Reddit. I know for sure that there are some companies within that group that I don't agree with how they make money, but I'm not going to not invest in the index just because some of the companies might be less ethical. e. This is similar to how derivatives (such as options) serve a On investing, I have decided to try and follow the earn to give model. So far I've been very happy with the returns, and the fees aren't too bad at around 1% for the wholesale products. Then many other funds also have an ethical option somewhere. View community ranking In the Top 1% of largest communities on Reddit. I am fully bought in to the arguements which are made regularly here about the benefits of passive investing rather than active investing. Get the Reddit app Scan this QR code to download the app now. We narrowed down the list to 7 stocks that To see more such companies, go directly to 5 Best Ethical Companies to Invest in According to Reddit. Within Passive investing I buy the S&P500, NASDAQ 100, Russell 3000, and SCHD. More and more people want to invest ethically or socially responsible. I'm in a great spot for my age, but it gives me anxiety The biggest community on Reddit related to bonds. Which means to observe your investing and this way take the process of investing as your teacher. It took me awhile to accept that I just had to do the best I could with the options I had. ) Help me expand my thoughts, words are hard. Edit: The kind of exploitation I'm talking about is more extreme than the standard exploitation that results in workers feeling like they can't quit their job or being unable to pay rent. We’re proud to be at the forefront of Ethical, Socially Responsible Investing for investors in UK, and provide latest ESG developments and investment news. Things may have changed but I decided to keep things simple. Is ethical investing possible under late stage capitalism? So my partner (29M) and I (28F) have been looking into financial advise lately as we now both have stable and modestly decent incomes. Where do you draw the line (if at all) and would you consider someone a bad person because of their investing choices? I'm almost done with my masters in finance and I spent the whole summer consulting project researching ethical investing. You could also look at it this way. But I also see how the companies that I don't support are perfectly If you want ethical shares/ETF, then you need to vote with your money. In you're investing directly into companies that meet your criteria, I'd say that ethical behavior is a spectrum and a grey area - so beware that it is hard to even define ethics. You will take a hit in terms of the fees but it's not always about making the most money. You can choose ethics with possible declining returns, or to maximize your return in investment. Likely you will observe yourself craving for money and good returns. As this is an financial investing forum I'm referring to options still able to produce financial interest in the long term rather than charity. I recommend $ICLN. Where I live, the house prices don't make any sense and can hardly afford to rent anywhere near me sustainably. A year ago he retired and sold his partnership to his "protege" that he had been grooming to take over for the past 6-7 years. Investing is pure capitalism, I’m in it for the money only and ethics could be hazardous to profits. Any thoughts appreciated. But I somehow have no problem investing in companies like apple, even though I know they are familiar with child labor. ESG investment funds are Not a socialist by any measure, we needed a way to turn privately held companies into publicly held by many through stocks. I support causes and companies with my actions and expenditures. These specific stocks are also not close corralated with the rise of veganism, many plantbased companies will fail even if the "sector" as a whole succeeds. But, it's something I have little to no knowledge of so I'm curious. The problem with ethical investing is that everyone has a different idea of what that means so any impact is diluted. Ethical investing - Vanguard ESG indexes vs Vanguard Global All Cap . Which is amazing. Specifically renewable energy, vegan food companies or some in the health sector. Join our community, read the PF Wiki, and get on top of your finances! Members Online. Where do you draw the line (if at all) and would you consider someone a bad person because of their investing choices? Anyone with money to invest and time to complain about it on Reddit is far richer than most of the worlds population. My husband and I do the same thing. Members Online. Observe this. I think it's less about saving money and more about being confident that Here are some others, but know that investing is not activism, and not comparable to chairity. Most companies I'm aware of that are super ethical are private. I’ll try to keep this as short as possible. Investing is not always about maximising profit and in some cases at the expense of our conscience. That's much higher than what you'd pay for index funds, but in terms of ethical funds that I'm willing to invest in, it's not too excessive. just park it in index funds) and then donate to the effective charities that will do the most good. Fortunately my employee pension offers an ethical option which I switched to and max out each year (I question some of the definitions they use for “ethical” but it’s better than the normal one). I went with Australian Ethical a few years ago and I don't regret it. Yeah SMSF’s are a nightmare if you don’t know what you’re doing. They will generally invest in new clean energy and emerging ethical technology rather than just buying up existing clean energy. We consulted subreddits Ethical investing is really taking off in the last years. They might have ethical branding and make an effort to appear ethical in order to shift product, but this isn't the same thing. I do not have a huge amount saved, however I do have a small amount of personal savings in a S&S ISA and some pension invested in stocks. If you’re so anti-investment as to see passive income as “greed” then why not give all your money to charity and see it distributed to needy people in sub Saharan Africa or somewhere. Merely investing in "ethical" companies doesn't really make anyone better of a person, or even consuming products only from them alleviates the harms of capitalism. If you think investing is immoral, great, then don’t participate. For example I know there are ethical funds that won't invest in petrochemicals, but they will then invest in the banks that invest in petrochemicals. And some non-Canadian brands that are a bit more affordable (by ethical fashion standards) and often have good sales: Amour Vert, LaCausa, Back Beat Co, Jan N June, Made Trade It's a different take on "picking" an investment: you end up trying to pick the best rule set (or active manager) who aligns with your perspective of ethical investing. Investing will never be ethical. This is the only ethical and way to manage the resources of the earth. It is not wrong to make money by investing. They were deep into Microsoft. The problem of ethical investing is a hard one, but you I ask this as someone who has worked in real estate for a few years in a number of roles from property management to commercial analysis. 96% - 1. We haven't been all that impressed with him since he took over and a few weeks ago it got bad enough that myself and two close family members decided to start looking at other options. I support ethical through local volunteering and donations. 23% fund fees). A quick bit of google-fu will lead you to several mutual funds that invest in equities of what the fund managers have determined to be ethical businesses. Hi all, I’ve been trying to invest more ethically by avoiding oil, mining companies, etc. Anyone have advice on finding "ethical" investment funds? If the company is not ethical, are they still a good investment? If the company is doing something that will be banned in the future because it is morally wrong, that’s a significant risk to the investor and will bring the value down. Yet here I am investing in ZWC (among others) which has a sizeable portion in O&G cause I want to increase my sources of income, being the sole income provider for my family. I don't think you're overthinking this. Tesla, for example, gets included, despite its cobalt being about as ethically acquired as Hermann Goering's art collection. Ethical 1July (when they no longer charge exit fees). Could be interesting if you agree with their quasi-religious philosophy, investing approach and are willing to stomach their funds high fees (0. Here are some Canadian ethical brands I love that are in a medium-ish price range: Meemoza, MeMi, Dagg & Stacey, Allison Wonderland, Amanda Moss. My husband and I are with Australian Ethical and after reading this blog, Barefoot INvestor etc and better understanding the fees - I think we are going to move out of Aus. You’re right that it’s an ethical dilemma only in the sense that ethical people hesitate to put the elderly onto the streets - but she’s categorically in the wrong. Customer service Interested in Real Estate Investing? You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! Ethical Investing and Pension - 2024 Hi Everyone, Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. I also don't see anything specific on their Matching ideas of ethics is my issue. 5% MAP MICROBA LIFE SCIENCES LIMITEDMAP 1% MEZ Meridian Energy While I know some basics, I am relatively uneducated with investing and so I'm keen to hear your thoughts and feedback. Ethics is not a known risk factor for which exposure generates higher returns. Ethical Investing Total novice here. and International, Federal, State, or local. Make as much money as I can (i. If you could be confident of an ethical PM that could be a good option, but I think it's very hard to actually know that. Skip to main content. Rarely is anyone interested in investing to just barely provide their daily sustenance. Your right, it’s for the greater good of your other tenants. In my mind, there's a lot of greenwashing going on (for want of a better word) with Great to see another ethical investor around, reddit tends to not take to us people very nicely. NEW - US Solar investments (they sold out of Aussie solar coz our govt is huffing fossil fuels) NC6 - Fibres for all kinds of things including disposable masks nade from cellulose e tracted from cow shit the remainder is used as fertilizer The problem is that you can't bend an economy around the idea of an ethical system, you have to create an economy on the foundation of an ethical idea if you ever want it to have morally and ethically grounded outcomes as inherent in it's constitution. 6M subscribers in the investing community. 1% fees may not seem like much, but it can cost you a third of your nest egg and half of your retirement money. Active managers want your money - our advice: keep it! How? Investing in broad-market low-cost indexes, diversified between equities and fixed income. You'll have to look into an individual funds' measurement methods to make an informed opinion on whether or not their choices align with your values. Ethical is subjective. Only problem is that both my wife and I are super concerned with avoiding investing in things like weapons manufacturing and fossil fuels. Buy, hold, pay low fees, and stay the course! My only rule is that I don't invest in chinese companies and a few select companies I dislike, like Nestle. Or check it out in the app stores How do I know if a company is ethical? I am new to investing and currently trying to research what companies I want to invest my in, When I started investing many years ago I used him for this reason. For those who choose Ethical investments based on ESG ratings, this article is quite enlightening. Sometime next week, I'm going to add a comparison for I like the idea of ethical investing, via an ethical ETF or fund, but generally skeptical of it in practice. Before you say "don't even invest, no company is clean", For this article, we scoured through several threads to discover which companies were considered ethical according to the users. My only rule is that I don't invest in chinese companies and a few select companies I dislike, like Nestle. Not personally. It is an ETF for alternative and When I was growing up, my university fund was in "ethical" investments, offered by my local bank. But that doesn’t mean I’m going to risk my principle, my equity, and my time essentially price speculating. But I do agree, it’s a pretty basic ETF offering. You could also simply invest in products (ETPs, etc) that claim to be ethical. Market, size, value, momentum, and profitability are the risk factors. b) Violence among, as you said, mining operations is ethically wrong, yes. What would you do differently or keep the same? Which means there are instances where it clearly is ethical. 908 votes, 221 comments. TRUE ESG investments have been proven to outperform in the long term (returns should be thought of over at least a 20 year period, as no one can predict what the market will do in the short term). We believe in being socially responsible with our money and earning profits in an Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Posted by u/Everdire - 6 votes and 4 comments Reddit's largest economics community. It is wrong to make money unethically. A company’s stock can only have one master. Someone mentioned Blackrock being pro ESG and Vanguard anti ESG. That said, as a former smoker I’m not interested in the flesh rotting cash flow from Be a part of the Responsible Investing movement! We’re proud to be at the forefront of Ethical, Socially Responsible Investing for investors in UK, and provide latest ESG developments and investment news. in some cases there are companies that the portion of their shares held by passively There are some investments i would call ethical. With inflation touching record levels, massive layoffs and uncertainty But at the end of the day, if you are not going to invest money in a company based on ethical reason, you're going to not make that much money off investing in the stock market. We are seeing a lot of friends now owning homes, and it seems like the “logical next step” or like the goal we should be aspiring toward. The problem of ethical investing is a hard one, but you probably can't trust a bank to do it for you, as an investor. But, further research led me to know these companies practice what i consider to be unethical. But if everyone was to join it gets enough power to make actual change. If you don't have an ethical bent I wouldn't necessarily recommend them. ) I have purchased about 10k worth between the two, mostly VGRO. Ethical investing? My father always raised me, from an early age, to take an investor's perspective on "evil" corporations: that buying stock in a company didn't imply support or condemnation. How do you think that not investing in a company makes your portfolio more ethical? My uniformed opinion would be that "ethical investing" would involve specifically investing in companies that do bad things and vote to steer them away from that. When I started investing I spent several months researching ESG investing and basically came to the conclusion that in our current economic system it's not possible for a perfectly ethical option to exist. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. If ethical really matters to you then look for super funds who practice active ownership. So I believe it is crucial to do your investing with the help of wisdom. As you can see in my spreadsheet, ethical supers have by far the worst fees. It's got fees which put people off and not everyone trust the people that run them. For nearly all investors, even Christian investors, the answer to that question is to maximize prosperity, either out of fear of poverty or out of greed. I've seen an Australian ethical fund exclude CBA for investing in coal but not BoQ for reasons beyond my understanding. Since they are retail supers, they are for profit and not profit for the members. The metrics within ESG also vary ridiculously widely between funds, so performance can also vary widely. That I searched this question on Youtube and Reddit and I didn't find much about it. Ethical Investing - seeking advice on how to buy into industries I support and avoid those I don't I want to invest in industries/businesses I personally support and avoid those I don't. Jack founded Vanguard and pioneered indexed mutual funds. Triodos often get a mention for ethical investing, but as you say the trouble with ethical or ESG investing is whether the specific ethical code drawn up by the investment company matches up with your expectations. Now we can argue about if very high frequency trading crosses the line from purpose to gambling, but in general investing serves a real need (for a cost). What's not ethical? Wages below founding countries minimum/adjusted for other equivalence in other countries. A great place to start is answering the question of "Why are you investing?". To answer your question: it depends on what you mean by ethical. If you're investing consistently in your super and elsewhere then you'll most likely have a sufficient amount for a In reality I think property managers are of limited use in these situations anyway. So my take on it would be as long as the reason that you're investing is for the sake of financial indepence/ freedom, retirement, and escaping wage labor then I'm all for it. I never see this mentioned on Reddit but it's important. This is in addition to advocating for a sustainable and ethical system for the companies and markets of the index funds to operate in. I’d rather not own any Facebook, and it’s way up there in the top holdings of almost every ESG fund because they don’t dig big holes in the earth and they treat their employees well, which makes up for driving most Triodos impact investments are not covered by the FSCS. If passive investing produces distortions, active managers should be able to exploit those distortions for profit, producing price discovery as a positive externality. 1% AEF Australian Ethical Investments Limited 1% SUN Suncorp Australia 0. The biggest issue is going to be defining ethical. 2. Ethical investing . I would love to invest in more ETFs but I’m struggling to find good ones Hi, I've been looking into real estate investing, but I don't even own my own house yet. If you don't have private property, Says the guy who bought a reddit NFT The purpose of investing is to make money with money you already have. Agreed that this type of portfolio or fund wouldn't be expected to make as much money, but after contributing and investing enough on other more mainstream funds, I was looking direct some new When I was growing up, my university fund was in "ethical" investments, offered by my local bank. I’ve done quite a bit of reading on the basics of investing on Reddit, couch potato, investopedia, and some other resources. edit: know to no To go into a 100% pure ethical investing portfolio means ethics is a priority, and not necessarily maximizing the shareholders return. . Generally speaking - if you have restrictions or constraints - that will mean that your portfolio is more expensive to manage and you should expect higher fees than the average investor. I wouldn't recommend going to an ethical super. But its up to you to define whether you think ESG is really ethical to begin with. If RE investing is a means to an end, where the landlord is the means to by which the person who can’t qualify for a loan has a roof over their head then you have to ask yourself, is the end ethical rather than the means. S. With inflation touching record levels, massive layoffs and uncertainty For this article we scoured several discussion boards on Reddit where hundreds of people have discussed their favorite companies for ethical investing. I would like to start a discussion and hopefully compile a list of comparatively ethical investing options including stocks, bonds, funds and other. I think ethical investing at this point has to be directional - what's better than what I have now, even by just one metric, and just go from there. We use Northwest Ethical Investments for our RESP, TFSA, and RRSP to invest our money in a manner that we believe is promoting peace and social justice. No slave labor or slave gathering of A lot of supposedly "ethical" stocks within those funds are blatantly not. 4% platform fee, 0. The IRS is experiencing significant and extended delays in processing I think it's fair to point out, "make money now and that $1 you have to lose for ethics' sake will become $2,", but for some people the ethical weight of every individual action matters too, and some people measure ethics as not being perfectly ethical rather than most net ethical. Stock investing serves a REAL purpose - creating liquidity. Otherwise every business would die the instant the owner died unless he gave it away to someone else, which i am sure not many socialists are for anyway as they tend to be against inheritance for example. What they have as ethical really is ethical and they have a good track record of not just talking the talk but walking the walk as a fund manager, check out some of their actions and initiatives. I am interested in trying to put my pension savings into more responsible companies in the hope that the planet will be marginally less messed up by the time I actually retire. ivphc rvo ymjsogfj xthgh zfrd gnhm bglltp rvz wesh gwbeoc