Hello Money, Goodbye Gun Stocks

Against gun violence? Get your money out of gun stocks

2 followers

Against gun violence? Get your money out of gun stocks

2 followers

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Launch tags:Web App•Politics•Fintech

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Viktor.comAn AI coworker that actually does the work

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looks like its time to go invest some more cash into gun stocks now..

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10yr ago

PIP ME

Maker

@dielawn714 Care to explain?

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10yr ago

@umitakcn @dielawn714 Data is inconclusive at best, on the relationship between divestment campaigns, and their effect on share prices. You do see a positive correlation however, between share prices and shootings -- more specifically, after talk of legislation that follows shootings. This surge in demand is also accompanied by high volatility, and a number of correction events. Furthermore, to pull from @keywonc re: earlier, it's entirely rational (and probably a good idea) to question the future of the industry -- even if the business is currently healthy, what do the long term prospects look like, globally? Ultimately, one of the main effects/benefits of a divestment campaign such as this, is to encourage healthy public debate, as a part of a larger strategy. This was the case when it was used to help end apartheid in South Africa, and it's proving to be effective for climate change, too. "Goodbye Gun Stocks" won't reduce gun violence on its own, but can be an effective part of a larger whole. We also hope it can also help people get their investments better aligned with who they are, without having to sift through mountains of SEC filings. Sources: http://www.bloomberg.com/news/ar... http://www.fool.com/investing/ge...

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10yr ago

Hacker News Daily

Michael! Congrats on getting this launched after all the hard work! 😎

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10yr ago

The State Of JavaScript Survey

Maker

@msavin Thanks man! Meteor in action, making the world a better place. We're excited to get this out the door! :)

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10yr ago

Swift

@keywonc Wow they must be making loads of money off the backs of people who don't support them

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10yr ago

@ibbe_raja @keywonc I was thinking the same thing.

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10yr ago

Hello Money, Goodbye Gun Stocks

Maker

@ryan_codropse @ibbe_raja It's amazing how much money can be made, when people can trick you into not knowing or acting. IMHO that’s where tech and design comes in, to help you know and act.

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10yr ago

Hello Money user here :) Thanks for another cool product.

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10yr ago

Hello Money, Goodbye Gun Stocks

Maker

@onursahill Glad to hear that -- we’ve been quietly improving Hello Money too. It’s been adopted to be an official tool for https://www.reddit.com/r/portfol... for some time now, and we just gave it a quick visual refresh.

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10yr ago

@keywonc Good to see Hello Money got a new look.

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10yr ago

I've found gun stocks in my 401k. How do I divest?

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10yr ago

Hello Money, Goodbye Gun Stocks

Maker

@cbsansoy First step is to find an alternative fund, to replace your current one. Click the red “See Alternatives” button from your fund page to see more funds in the same category.

From there, you can filter the results to see the funds that meet specific criteria, like: - Gun stock percentage (makers or sellers) - Fund category and brand - Annual expenses, past returns, and risk

Second step is to pick one of them, to get a side-by-side comparison to examine it further.

Once you have settled on an alternative, you can log into your brokerage account at your convenience, sell the current fund, and buy the alternative fund. While Goodbye Gun Stocks doesn’t execute the trades for you, we act as an independent source to evaluate your current fund and find an alternative. Hope this helps!

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10yr ago

What about spoon stocks? Cause spoons made me fat

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6yr ago

I love this idea. I wish someone would do this concept with Private Prisons...

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10yr ago

Hello Money, Goodbye Gun Stocks

Maker

@paul_banks Thank you! I do think this concept can extend to many other topics. Fossil fuels, animal cruelty, LGBT friendliness, gender equality... private prisons could be one.

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10yr ago

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