this post was submitted on 20 Dec 2024
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No Stupid Questions

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No such thing. Ask away!

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Assuming I have a time horizon >10 years.

Edit: thanks for all the replies!!

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[–] [email protected] 45 points 2 days ago (11 children)

Yes. Investing is always worth it unless you have credit card debit.

Set it up to automatically invest into the lowest fee index fund your broker offers.

[–] [email protected] 22 points 2 days ago (10 children)

The lowest fee ETHICAL index fund. Careless investing is how we got evil corporations.

[–] [email protected] 3 points 1 day ago (2 children)

The post didn't ask for ethical requirements to be included in the advice.

Appending additional personal requirements turns the conversation towards one's personal soapbox.

[–] [email protected] 1 points 1 day ago

The post didn’t ask for ethical requirements to be included in the advice.

Right... everything does have ethical requirements though. As soon as a member of a society does make something that impacts themselves and others it has ethical requirements. Some examples :

  • voting (obviously)
  • buying a Xmas (avoiding slave labor)
  • selecting toilet paper (limiting pollution)
  • buying a coffee (fair trade)
  • paying an electricity bill (source of the energy)
  • posting on Lemmy (avoiding centralization)

Everything, literally everything we do, has ethical requirements. We don't have to say it because it's implied.

Now... if you are genuinely curious about the topic I can only recommend https://en.wikipedia.org/wiki/Ethics_in_mathematics showing that even in the most abstract field, there are ALSO ethical requirements. Nobody can avoid that.

[–] [email protected] 1 points 1 day ago

Not funding companies that destroy the planet and kill people is basic decency, not personal taste.

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