this post was submitted on 22 Feb 2025
454 points (98.9% liked)
Technology
63134 readers
3367 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That does literally nothing though. Buying a share of a company is like buying a used product, none of that money goes to the company. The only benefit to a company is the share price rising, and your contribution to that is effectively zero, and it only matters if the company issues or buys back shares, which is somewhat rare.
It's the same reason that buying "green" shares does nothing.
Invest based on what's most likely to give you a good return, even if you don't agree with their products. And then buy products based on your convictions. If you want to feel like you're "sticking it to the man," use the profits to buy from their competitors.