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is there any way to invest ethically as a sole individual? (lemmy.ml)

submitted 5 days ago by ricesoup@lemmy.ml to c/asklemmy@lemmy.ml

32 comments fedilink hide all child comments

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?

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[–] Ultrathor@hexbear.net 9 points 5 days ago (1 children)

Not really. I think maybe if you can buy China government bonds maybe, that's as close as you can get.

[–] CybranM@feddit.nu 0 points 5 days ago* (last edited 4 days ago) (2 children)

You think the Chinese government is ethical?

Edit: I see now which instance this is haha, never mind

[–] Ultrathor@hexbear.net 10 points 5 days ago

There's no nation state that Is "good", but it's the one currently with the best shot at producing a better world than we have now.

[–] Cowbee@lemmy.ml 6 points 4 days ago

Far moreso than western governments, yes.