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US Presbyterian Church divests from Israel bonds, condemns Christian Zionism
(www.middleeastmonitor.com)
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this post was submitted on 05 Jul 2024
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politics
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Moral or ethical concerns aside, the military-industrial sector is a solid investment. They’re reliable companies that are “vital” to their respective countries’ “national security”; and will always be propped up.
Yeah, but if you're a church you'd think moral and ethical concerns would be at the forefront of how you invest. But of course, we're in an age where everything is basically a hedge fund: banks, car companies, governments, universities, churches, etc.
Most churches invest into some sort of hedgefund, or some other kind of investment firm- You don't want Pastor Joe running the investments. the market is basically a zero sum game, so, any time you make a profit, somebody else loses profit and it's arguably inherently unethical to invest in the market.
which means anyone whose good at investing isn't going to be nearly as concerned with ethics or morals.
There's ethical funds you can invest in and still make a profit. Stuff like renewables, worker -owned companies etc are all options, and will typically actually outperform index funds.