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When I invest in something, it's to reap (fast) profits. As the time I have been investing increases, my concern with the relationship between funds/instruments
by module0000 9y ago
When I invest in something, it's to reap (fast) profits. As the time I have been investing increases, my concern with the relationship between funds/instruments and human rights has inversely decreased. When I talk to other traders/investors, they have the same sentiment. When you step back and analyze that, it comes out to "the trend is not to care about <whatever>-rights at all".
Don't fight the trend. Seriously, don't fight the trend. You're investing to make money. You are not investing to change the world(eg charitable giving).
Ethics and investing/trading should not be married together. If they are, you close many doors that may be profitable, and open 0 new doors. Think about that for a second... by upholding personal values in your investment strategy, you eliminate good investments, and create zero new(good or bad) investments. Why would you do this?
tldr; retail investors make decisions based on all the wrong data points, and are resultantly unprofitable.
- Strom 9y agoThis is a narrow view that only looks at the amount of money. It's perfectly valid to choose investment opportunities based on other factors. One can choose to invest in a local enterprise because it'll help the local community. You might have somewhat less money on your bank account, but you'll raise the wellbeing of the people around you. The same goes for any other non-monetary gain. If it makes you sleep better knowing that your money is used to teach kids how to sing instead of building rifle ammunition, then this shouldn't be ignored when choosing where to invest. There's more to life than money. A lot more. Investment choices can have profound effects on plenty of other things besides your bank account. So, think about that instead -- make sure that you aren't missing out on wonderful non-monetary gains when choosing your investment.
- ryanwaggoner 9y agoEthics and investing/trading should not be married together. I don't say this lightly: this is a disgusting worldview. What keeps you from funding human trafficking, assuming a great rate of return? Or funding terrorism while shorting the stocks of companies affected? You also realize that there's no real difference between funding the organizations who do bad things, and starting / running those organizations, right? Honestly, it sounds like maybe you just don't have ethics, period.
- module0000 9y ago>> Honestly, it sounds like maybe you just don't have ethics, period. I thought that was obvious. I'm speaking about investing, the other things you added don't enter my thought process, they are irrelevant to investing. Stand on your moral soapboxes if you must, but this is about investing. I'm profitable, and one of the keys to that is not caring about anything other than being profitable. Don't handicap yourself, the sharks you are playing against certainly don't.
- module0000 9y ago>> You also realize that there's no real difference between funding the organizations who do bad things, and starting / running those organizations, right? I didn't mean to ignore your question in my earlier reply. I realize this entirely. I'm not funding ISIS or trafficking organizations - I'm funding(for minutes at a time) pubicly traded organizations. Those tend to not dabble in the acts you mentioned. Hyperbole is fun, right?