berryjam@lemmy.world to No Stupid Questions@lemmy.world · 10 hours agoIs it worth investing if I can only contribute $50 a month?message-squaremessage-square40fedilinkarrow-up184arrow-down14file-text
arrow-up180arrow-down1message-squareIs it worth investing if I can only contribute $50 a month?berryjam@lemmy.world to No Stupid Questions@lemmy.world · 10 hours agomessage-square40fedilinkfile-text
minus-squareClent@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up23·8 hours agoYes. 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.
minus-squareTehdastehdas@lemmy.worldlinkfedilinkEnglisharrow-up11·6 hours agoThe lowest fee ETHICAL index fund. Careless investing is how we got evil corporations.
minus-squareXIIIesq@lemmy.worldlinkfedilinkarrow-up5arrow-down2·5 hours agoUnfortunately, there aren’t many ethics in the world when it comes to money.
minus-squareTehdastehdas@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-250 minutes agoSeveral funds in my bank have ESG in the name. https://en.wikipedia.org/wiki/Environmental,_social,_and_governance Other terms in their fund names: fossil-free, climate, forest, sustainable agriculture. Their claims about them: in Finnish: https://www.s-pankki.fi/fi/private-banking-ja-varainhoito/vastuullisuus-ja-vaikuttavuus/vastuullisuus-sijoittamisessa/ in Swedish: https://www.s-pankki.fi/sv/private-banking-och-kapitalforvaltning/ansvarsfullhet-och-paverkan/ansvarsfulla-investeringar/ For machine translation, probably better use Swedish as the source because it shares the Indo-European language family with many of you readers’ target languages, and has more speakers so maybe better translation engine training too.
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.
The lowest fee ETHICAL index fund. Careless investing is how we got evil corporations.
Unfortunately, there aren’t many ethics in the world when it comes to money.
Several funds in my bank have ESG in the name.
https://en.wikipedia.org/wiki/Environmental,_social,_and_governance
Other terms in their fund names: fossil-free, climate, forest, sustainable agriculture.
Their claims about them:
in Finnish:
https://www.s-pankki.fi/fi/private-banking-ja-varainhoito/vastuullisuus-ja-vaikuttavuus/vastuullisuus-sijoittamisessa/
in Swedish:
https://www.s-pankki.fi/sv/private-banking-och-kapitalforvaltning/ansvarsfullhet-och-paverkan/ansvarsfulla-investeringar/
For machine translation, probably better use Swedish as the source because it shares the Indo-European language family with many of you readers’ target languages, and has more speakers so maybe better translation engine training too.