Little known fact: I love playing the stock market. It’s what I do instead of playing slots. But what I love more is support companies that are trying to do good in the world. From solar power companies to companies putting women at the forefront of their industry, researching and investing in these companies are a delight for me. I know that my money is going towards something that I want to support.
I practice Socially Responsible Investing and make sure that the company I’m investing in isn’t just going to cause cancer in hundreds of people or put their employees at risk for video games during a goddamn pandemic.
But I’m currently in the minority of investors, many investors only care about making a profit off their portfolio while not caring about the greater impact. But this is something that can change.
Just like your day to day decisions can make a difference so can your investing decisions. If people choose to support the excellent employee treatment of Costco over the awful employee treatment of Walmart this can cause Walmart to change its practices in the long term. These changes can only come about if many people decided to make that choice both with their purchases and with their investments.
So i encourage you to look at what you are currently investing in and look into all the companies, bonds, and ETFs that you have money in and ask yourself “Is this something that I want to support”
Just like with our donations at our shows, everyone giving the small amount they can will make a huge difference. We can turn the tides on these companies that put profits over people and allow the businesses that really care about their people and the world around them thrive.