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by function_seven
3086 days ago
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I don't disagree with anything you wrote. I still won't invest my retirement into a company that doesn't prioritize profitability. I can't. It won't work if I lose money in my 401(k). 15%, 7%. These are positive numbers. They're profit. |
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Profitability is inherent in anything which strives to increase value in the wider sense. You shouldn't invest in remediation of the environment directly as a retirement strategy, I agree. its solely cost. But you could chose to invest in a company which ethically contracts to perform the remediation. Now, you are both sides of the equation if (for instance) you live in Love canal, and its remediating the years of toxic waste, you benefit from the health outcome. So, what "cost" will you be prepared to pay in local taxes to fund the company you directly invest in, to earn profit to remediate?