cross-posted from: https://lemmy.ml/post/33213155
I don’t own much: My savings are around 50K$, money that now sits in the bank doing nothing.
I’ve been reading about what ETFs to invest into, but even those classified as climate friendly and social responsible include firms such as tesla, facebook, coca cola… not even close to being ethical.
Is there something akin to Michael Burry levels of ethical investment?
Money sitting in a bank is being used by the bank to invest in unethical businesses.
I’d suggest to not worry and put almost all of it in vanguard total market index fund (as long as you don’t need the money for 20 years). Use the profits to help people.