BigRedBuster
Well-known member
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Last month, before he left office, former Nebraska Attorney General Doug Peterson issued a report warning state investment officials about ESG investing as “dangerous” and “a threat to our democratic form of government” because it seeks to impose sustainability goals of the United Nation on U.S. companies.
What a load of crap. If I want to invest my 401K in ESG funds, I should be allowed to.
Maybe they want 401k’s to generate better returns.Why tf would they be against that?
I thought you were against government regulations. I suppose it's because of the "R" by those names.Maybe they want 401k’s to generate better returns.
https://hbr.org/2022/03/an-inconvenient-truth-about-esg-investing
https://www.bloomberg.com/news/articles/2022-12-07/big-esg-funds-are-doing-worse-than-the-s-p-500-green-insight
I’m not for this. Just gave an answer on returns to a question that was asked.I thought you were against government regulations. I suppose it's because of the "R" by those names.
That should not be their decision.Maybe they want 401k’s to generate better returns.
https://hbr.org/2022/03/an-inconvenient-truth-about-esg-investing
https://www.bloomberg.com/news/articles/2022-12-07/big-esg-funds-are-doing-worse-than-the-s-p-500-green-insight
Agree. If people want to make dumb financial decisions, they should be able to choose so and invest between any fund their 401k provider offers.That should not be their decision.