• 0 Posts
  • 53 Comments
Joined 1 year ago
cake
Cake day: February 11th, 2024

help-circle








  • I understand the moral desire to choose responsible companies.

    I “interviewed” some advisors before I knew of ETFs. They asked if I had brand preferences, like Coke vs Pepsi, or McD vs Taco Bell, so that I could avoid investing in companies that I didn’t like. From that I realized those types of investors just cared about getting me into any stock to turn commissions and not about my personal income growth. I was way too small to affect anything, but I could lose out on income based on my personal flavor preference.

    So I would say the same about picking socially responsible ETFs. What is socially responsible is completely up to some person and will likely not align with your preferences.

    And after participating in many studies in college, and just life, I’ve learned that at large scales, when it comes to your pocketbook, the large majority of the time, the non-ultra-rich person should assume the system will go to selfish people over good-for-the-group people.

    So, unless you are investing billions and trying to create the change yourself single handedly, just choose the ETF that works best for your pocketbook.

    The amount of ownership, responsibility, and promotion you get of the evil a large corporation is doing through an ETF is basically non-existent, at the average human scale.



  • No. When Microsoft is making the hardware, they can lock it down so nothing else can be installed. Mostly with signed boot loaders and drivers.

    Remember when the PS3 actually allowed other operating system installations. Then, one day, they pushed out a new firmware that disabled that ability.

    Maybe eventually someone figures out a hack. But these days, the hacks are complex enough, with many other available alternatives, that you’re looking at barely dozens of people doing it.