Hey Jase,
Thanks for the reply, I get the question now…And it’s actually a tough one when you think about it.
Personally i don’t particularly have any strong reasons why I wouldn’t invest in a particular company. (I have my tough Gordon Gecko/Jordan Belfort hat on when it comes to investing
). But when you think about it, theres a ‘mindful’ ethical answer, and an actual ‘reality check’ answer.
Myself, and a lot of my friends have the mindful ethical answer (as I’m sure a lot of us would agree) that they would never invest in gun stocks or firearms. But the reality soon becomes clear when I point out to them that they are invested in an S&P500 Index tracker - which contains Sturm Ruger, Smith & Wesson and BAE systems (cluster bombs).
So it’s an interesting one.
Some people wouldn’t invest in Cannabis stocks (both for performance and because of controversy reasons). And probably companies that practice assisted suicide for terminal Illness is another dodgy area.
Anyhow, it’s a good question. Are they any companies you wouldn’t consider?