[HollowHead]

Would you divest shares of a company you no longer agree with morally or politically if it cost you income and a sizable tax hit? HH

[Flying-Dutchman]

No, I would keep the shares if I already owned them and wouldn’t sell otherwise.

I would never invest in those funds that avoid “sin” companies like cigarette maker Philip Morris (Altria); they always underperform.

Care to mention the company? Just curious.

[.264 magnum]

Originally Posted by HollowHead

Would you divest shares of a company you no longer agree with morally or politically if it cost you income and a sizable tax hit? HH

Depends. I'm with FD The Vice Fund for example has outperformed the S&P 500 over most any time horizon.

I would likely sell a mutual fund, stock, ETF, hedge fund etc. that owned a company doing business that aids the Chi-com military for example - Iran, Syria, North Korea as well.

[Annhl8rX]

The whole point of investing is for a financial return. If I'm getting that, that's all that matters. That being said...I don't have a clue what my retirement funds are invested in.

[jaws48]

As long as it is making me money, I'm in. Yes, I know that don't square with my personal boycotts of companies, cities, states, etc that I don't agree with...what can I say. Maybe it only has to make sense to me

[elsolo]

Like any other bet, you can use your head or your heart to pick the winner.
Betting with your heart usually costs you money.

I used to bet against my college football team, I don't affect the outcome of the game (fan not player) and winning $5 off a "loyal" fan helps make an otherwise bad situation better. My team lost, but somebody else paid for the first beer.

I would have no problem investing in shares of a company who's product or service I find objectionable, the goal is to maximize return on investment not "make a statement"

I find so much objectionable, it would be impossible to keep an approved list.

[VinnieD]

If you hold stock in a company you can vote as a shareholder, and even bring things up for a vote. You're not just giving them money, you are a partial owner, and have the right to set them straight.