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this post was submitted on 15 Jul 2025
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Asklemmy
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Money sitting in a bank is being used by the bank to invest in unethical businesses.
I'd suggest to not worry and put almost all of it in vanguard total market index fund (as long as you don't need the money for 20 years). Use the profits to help people.
Or you could switch from using a bank to a credit union.
Who probably also do business you would personally not like. It's a good suggestion, but it doesn't solve the problem we're talking about.
You can also pick one that avoids the worst industries ie defence and oil. They will still invest in evil shit but they can still avoid the biggest no-nos.
Yes, and that's what some of the other comments have said. OP is basically stuck with the kind-of-ethical funds they were looking at, or just standard investment and a plan to donate to make up for it.