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Reply to "Just opened up a Roth IRA - now what?"
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[quote=Anonymous]Thanks for those really helpful responses, 13:10 and 13:11! It's only a few hundred dollars but I am happy I have something going. I am 22 (23 later this year) and plan on putting off retirement until 67 at least. This would have me retiring in 2060 or 2061. It looks like a mutual fund is the way to go, especially since what is in my brokerage account are individual stocks (Disney, Tesla, and Boeing). However, here's my caveat. I want to avoid investing in any oil & gas, fast food, and industrial agriculture companies because morally, I do not agree with or want to monetarily support them. I've figured out how to tell what companies the funds hold and what percentages the fund is of those companies, and I want to avoid Exxon, Chevron, Monsanto, McDonalds, etc. but it looks like many of the basic index funds have some combination of these. Does anyone have recommendations for more environmentally friendly funds? I want to support clean, renewable energy and sustainable agriculture but still get a decent ROI.[/quote]
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