Tuesday, March 6, 2018

You May Be Funding The Gun Lobby Without Even Knowing It

The pendulum of public opinion is swinging toward stricter gun control in the wake of the Parkland, Florida school shooting, and an increasing number of Americans believe it’s now politically possible for Congress to take action.

But many people who actively favor stricter gun control may also be unwittingly invested in the gun industry. Here’s how that happens and what you can do about it.
Check your mutual fund.

Many investors and retirement savers have their money in mutual funds instead of buying individual stocks directly. A mutual fund owns shares in multiple companies and in multiple sectors, thus spreading an individual investor’s financial risk. A mutual fund manager decides which stocks to buy and sell with your money. Some are long-term investments and others are not, which makes it hard to know which specific companies your money is supporting via your mutual fund at any given moment.


Source : huffingtonpost

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