I’ve saved up some amount of cash, but family is poor and hasn’t had useful advice. I feel like the stock market hasn’t been great for society, but surely there are some causes who would use the capital for good (and give it back when I need it later)? I have a half remembered portfolio from a previous union with a big war chest, but it doesn’t feel actionable.
I’m in North America + UK; but answers globally I think are interesting.
It’s hard to “do good” while also making a profit. But it’s a little easier to not be evil, not support evil, and still be responsible about earning enough to support yourself when you can’t work (now or when you’re old) or have an unexpected need for cash. For instance there are socially responsible stock-market funds that exclude the worst companies, but you’ll want to check for your priorities like climate or worker exploitation because they vary in what they make compromises on.