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Investing for good: possible? What do folks do? (lemmy.world)
submitted 5 months ago by to c/asklemmy@lemmy.world
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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.

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[–] 3 points 5 months ago (2 children)

The Intelligent Investor, by Benjamin Graham

Required reading for any investing newbie.

Idk if this gets you ethical investment. But it at least lets you focus your investment cash on businesses you can expect will see a material ROI, rather than just throwing money into enterprises with a glitzy front page and sour financials.

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  • [–] [S] 1 point 5 months ago (1 child)

    I'd like to tell myself that ethical investing would also... actually do stuff? Move numbers?

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