Do you own gun stocks?

Gun stocks

You almost def­i­nite­ly own gun stocks if you invest in mutu­al funds. Sorry if that’s bad news.

I own a sword. A real sharp sword. I would have no prob­lem hav­ing to reg­is­ter it, or hav­ing rules around car­ry­ing it prop­er­ly. I would total­ly have a prob­lem with sim­ply ban­ning it, like they have in London. From what I under­stand, gang vio­lence with machetes in the UK was so bad they banned long knives (includ­ing swords). It’s incred­i­bly wrong, in my mind, to have such a broad reach­ing ban with­out an easy way for law abid­ing cit­i­zens to work around it.

My opinion, don’t hate me

I don’t believe machete man­u­fac­tur­ers are lob­by­ing the House of Commons to get UK “large knife laws” repealed. I don’t under­stand why the gun com­pa­nies have so much influ­ence in Washington, or why pol­i­cy mak­ers con­sid­er their point of view when cre­at­ing pol­i­cy. (I mean, I do under­stand it, but in my opin­ion is mis­guid­ed in the same way that com­pa­ny CEO’s who only con­sid­er share­hold­er return when it comes to deci­sions about the com­pa­ny.)

Investing in gun stocks

Anyways, if guns aren’t your thing you may not want to invest in gun stocks (the com­pa­nies that make the guns, and make them avail­able so promis­cu­ous­ly).

Unfortunately (for you), if you own mutu­al funds, you prob­a­bly also own the gun com­pa­nies.

It’s one of the rea­sons I rec­om­mend invest­ing in indi­vid­ual com­pa­nies; it gives you more con­trol over the com­pa­nies you own.

They’re your com­pa­nies — don’t you want your com­pa­nies to oper­ate with­in your eth­i­cal val­ues?

That’s not a judge­ment on any­one else’s ethics or choic­es. It’s per­fect­ly OK to invest in the com­pa­nies that make you the most mon­ey, even if they make prod­ucts that have become so divi­sive to our coun­try. But it’s also OK to invest in align­ment with your social val­ues.

Not only will you still make mon­ey, but you’ll feel bet­ter about your­self while you do.

Please note: I reserve the right to delete comments that are offensive or off-topic.

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6 thoughts on “Do you own gun stocks?

  1. A very inter­est­ing look on guns, like you said, if you invest in mutu­al funds you might be invest­ing in guns. But I think there is a way to spec­i­fy that you do not want your mon­ey invest­ed in a spe­cif­ic kind of stock if you are real­ly keen on not sup­port­ing gun com­pa­nies.

    • Hi Andrew,

      If you are invest­ing in funds of any sort, you’re “stuck” with the man­agers’ deci­sion on what to invest in. Your only choice is in decid­ing which funds to invest in, and you can cer­tain­ly find eth­i­cal­ly-based funds of all sorts. I sug­gest hav­ing a look at Stash. Stash is very pop­u­lar, and explains their invest­ments in plain English and tar­gets spe­cif­ic demo­graph­ics that might align with a moral-invest­ing strat­e­gy.

  2. As a life­long mem­ber of the NRA, I appre­ci­ate your arti­cle and l am sure you are pleased to hear l changed my mind and will not sign with you. l think you have a rep­utable com­pa­ny but l pre­fer to invest in Smith and Wesson or even Red Ryder B.B.guns if they are prof­itable.

    • Hi Brenda,

      If you think they’re good invest­ments and they align with YOUR social val­ues, then I hope you’re suc­cess­ful. They don’t align to mine… that said, they’re just mine not everyone’s.

      The main point of the arti­cle is that peo­ple thing strong­ly about some­thing (any­thing) and the behav­ior they adopt by blind­ly invest­ing in funds stands in stark con­trast to their own impor­tant beliefs… with­out them even real­iz­ing.