On Supporting the “Sin Industries”

There’s a lot of debate in the investment community about supporting so-called “sin industries” – drugs, pornography, prostitution, gambling, etc. That debate is being played out on a large scale in corporations, funds and the stock market, but what about us? Do we support those industries either knowingly or unintentionally? Are we aware of what companies are represented in our mutual funds? Do we know if any of our retirment investements are supporting companies that promote gambling? Do we use products from companies tied to child labor? Do we purchase tickets from entertainment companies that produce pornography? Benign neglect and innocent ignorance are not ethical choices for us. Repeat this: Starting with me, investing will be more than a financial activity; it will reflect solid ethics and family values. I will start asking more questions. For more tips and information, visit www.swimstartingwithme.com.