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Reply to "Just opened up a Roth IRA - now what?"
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[quote=Anonymous]13:10 here Ahh, I remember being young and idealistic. I agree with your sentiments. Unfortunately, when I tried to put it into practice, it gets really hard. By trying to eliminate one area (say oil and gas), invariably it led to funds that included something else (tobacco, guns, casinos etc.). Pretty soon the only way to go was with individual stocks. Even those end up being complicated (consider for example the impact of Boeing on carbon utilization). In the end, I think you are best off just buying an index, and making your social statements through other means (charitable giving, not buying products from certain companies etc.). Plus, this strategy has it's own social benefit-- it refuses to support the giant financial services industry that would like for you to buy actively managed funds or trade individual stocks. [/quote]
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