I am a year from graduating from residency and earning an attending‘s salary. I have been reading about saving for retirement in the WCI book and Bogleheads guide to investing. I am convinced about indexing as the main part of saving. However I have run into a hurdle.
For ethical reasons there are many companies that I would not want to be connected with or profiting from - armaments for example. Thus having an index fund that will have hundreds of companies will almost certainly involve these companies. I am wondering if you have any suggestions about how to achieve the goals of using index funds while avoiding some companies.
Obviously people may disagree with the tenet that you should not profit from a companies whose practices you disagree with but this is very important to me. I realize this. I think it is a worthwhile discussion but not the question here
For ethical reasons there are many companies that I would not want to be connected with or profiting from - armaments for example. Thus having an index fund that will have hundreds of companies will almost certainly involve these companies. I am wondering if you have any suggestions about how to achieve the goals of using index funds while avoiding some companies.
Obviously people may disagree with the tenet that you should not profit from a companies whose practices you disagree with but this is very important to me. I realize this. I think it is a worthwhile discussion but not the question here
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