• wasabi_noir@lemmy.zip
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    3
    ·
    12 days ago

    Lucky for me, I fall into the ~40% of people too poor to have investments. But even if I did have money to invest, I wouldn’t fling it blindly where it could be going towards harming the planet.

    • poopkins@lemmy.world
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      1
      ·
      12 days ago

      I don’t think you’ve misunderstood what I’m trying to say.

      People with an IRA don’t have control of what the fund is invested into. The fund itself is invested into funds that track the top 100. Therefore, anybody with a generic pension plan is invested into SpaceX, whether they like it or not.

      • wasabi_noir@lemmy.zip
        link
        fedilink
        English
        arrow-up
        2
        arrow-down
        10
        ·
        12 days ago

        No, I understand. I’m saying I give zero shits about those people taking losses. If you have excess, and you’re expecting to be given more because of your excess, you’re just as culpable in Nazi bullshit when your money ends up invested in it. I don’t care if it requires more personal attention, it’s possible to have your money invested where it will do good, not where it will gain you the largest return at the expense of the planet.