Comments on: What Would Jesus Do… With His Investments? http://weakonomics.com/2009/12/16/what-would-jesus-do%e2%80%a6-with-his-investments/ Everything That's Wrong With You And Your Money Wed, 08 Feb 2012 22:32:00 +0000 hourly 1 http://wordpress.org/?v=3.0.3 By: KC http://weakonomics.com/2009/12/16/what-would-jesus-do%e2%80%a6-with-his-investments/comment-page-1/#comment-3370 KC Thu, 17 Dec 2009 15:14:06 +0000 http://weakonomics.com/?p=3538#comment-3370 These funds are just another way (gimmick, if you will) to separate investors from their money and help them naively feel good about themselves. Many of these funds have high fees (those fees go to the brokers, not God). And I'd be willing to bet if you really researched these companies in the funds you'd find some you don't like. Instead, be a good steward with your money and invest in companies that will give you good returns so you can take care of yourself, your family, and your charitable givings. You can invest in companies you want to, but frankly from my experience I can find something I disagree with morally with 90% of the companies out there. You can't invest with your heart - you need to be emotionally detached from your investments. Full disclosure - I do not invest in tobacco companies. I've just read too much about them and their ways through the years. I live in the city that is home to RJR (and ironically 2 large, regional hospitals) and I know the effects of tobacco. But everything else, investing wise, for me, is fair game. These funds are just another way (gimmick, if you will) to separate investors from their money and help them naively feel good about themselves. Many of these funds have high fees (those fees go to the brokers, not God). And I’d be willing to bet if you really researched these companies in the funds you’d find some you don’t like.

Instead, be a good steward with your money and invest in companies that will give you good returns so you can take care of yourself, your family, and your charitable givings. You can invest in companies you want to, but frankly from my experience I can find something I disagree with morally with 90% of the companies out there. You can’t invest with your heart – you need to be emotionally detached from your investments.

Full disclosure – I do not invest in tobacco companies. I’ve just read too much about them and their ways through the years. I live in the city that is home to RJR (and ironically 2 large, regional hospitals) and I know the effects of tobacco. But everything else, investing wise, for me, is fair game.

]]> By: Credit Card Chaser http://weakonomics.com/2009/12/16/what-would-jesus-do%e2%80%a6-with-his-investments/comment-page-1/#comment-3369 Credit Card Chaser Thu, 17 Dec 2009 06:39:27 +0000 http://weakonomics.com/?p=3538#comment-3369 I agree that it is very interesting that the funds are segregated by different denominations. It will be interesting to see what the mix of investors are in each of these funds (i.e. individual investors or maybe a large portion will turn out to be religious organizations, schools, etc.) .-= Credit Card Chaser´s last blog ..<a href="http://www.creditcardchaser.com/blippy-com-wants-you-to-show-the-world-your-credit-card-transactions/" rel="nofollow">Blippy.com Wants You to Show the World Your Credit Card Transactions</a> =-. I agree that it is very interesting that the funds are segregated by different denominations. It will be interesting to see what the mix of investors are in each of these funds (i.e. individual investors or maybe a large portion will turn out to be religious organizations, schools, etc.)
.-= Credit Card Chaser´s last blog ..Blippy.com Wants You to Show the World Your Credit Card Transactions =-.

]]> By: Misty Jane http://weakonomics.com/2009/12/16/what-would-jesus-do%e2%80%a6-with-his-investments/comment-page-1/#comment-3368 Misty Jane Thu, 17 Dec 2009 03:49:05 +0000 http://weakonomics.com/?p=3538#comment-3368 Interesting. I wonder if the non-Christian religions have funds. Interesting. I wonder if the non-Christian religions have funds.

]]> By: Josh http://weakonomics.com/2009/12/16/what-would-jesus-do%e2%80%a6-with-his-investments/comment-page-1/#comment-3367 Josh Thu, 17 Dec 2009 02:32:33 +0000 http://weakonomics.com/?p=3538#comment-3367 I never knew that such a thing existed. I've heard about Sustainable funds that only invest in environmentally sound products and businesses, but never religious funds. Just goes to show that you learn something new every day. It's a shame you don't get more comments on your blog posts Philip, I gotta say your blog is alot more interesting than these other personal finance blogs that I read. I never knew that such a thing existed. I’ve heard about Sustainable funds that only invest in environmentally sound products and businesses, but never religious funds. Just goes to show that you learn something new every day.

It’s a shame you don’t get more comments on your blog posts Philip, I gotta say your blog is alot more interesting than these other personal finance blogs that I read.

]]> By: J. Money http://weakonomics.com/2009/12/16/what-would-jesus-do%e2%80%a6-with-his-investments/comment-page-1/#comment-3366 J. Money Wed, 16 Dec 2009 16:36:43 +0000 http://weakonomics.com/?p=3538#comment-3366 Wow, that's pretty damn interesting...I'd be lying if I wasn't tempted to invest in the Catholic ETF! Wow, that’s pretty damn interesting…I’d be lying if I wasn’t tempted to invest in the Catholic ETF!

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