Show of HandsShow of Hands

Cole12 November 16th, 2017 12:23am

With the rise of passive investment vehicles (mutual funds, ETFs), millions of Americans don't know the specific companies that they own in their portfolios. So, many own shares in companies that they might consider unethical. Is this a problem?

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Domino3 Abolish the ATF
11/15/17 7:31 pm

That’s their decision then

Zod Above Pugetropolis
11/15/17 7:02 pm

*If* that is the case, it is because they don’t want to know, or are willing to pretend as long as they are making money. But making money is the point, so the only real ethical dilemma would involve a mismanaged fund, or one that tried to hide charging exorbitant management fees.

Squidboy Snarkapottamus
11/15/17 6:58 pm

You might think....but 90% of Americans toss ethics out the window to make a few $

jakecrs905 New York, NY
11/15/17 6:09 pm

What corporations are ethical in your mind?

TrueAmerican7 I Am Galt.
11/15/17 5:32 pm

I actually agree with you here @Cole12.
Ultimately, it’s up to the individual to do the research and know what they are supporting.
2 examples:
1. I’m a pro-life conservative, yet own stock in a company that donates to Planned Parenthood.
2. I detest fascism, yet support “antifa”, a violent fringe group that uses violent tactics to force their opinions on others.

Cole12 ...
11/15/17 5:31 pm

From oil giants and predatory lenders to manufacturers that exploit third world workers and tobacco companies, you'll find a whole host of unethical businesses in popular mutual funds - mutual funds that you probably own in your 401(k) and/or IRA. And, frankly, unless you're willing to pay the high fees charged by the socially responsible funds, there's not much you can do about it.