​I Sold My Entire Investment Portfolio One Hour Ago​

Okay, actually I didn’t…. yet. But this guy Tim Denning said he just did. 

As I read his post, I remembered how I felt when I was in  one of Marco Vangelisti’s workshops. The feeling of desperation to have my money be working for a more livable future.

So, I’m writing this post here to give myself the push to divest from the stock market and reinvest as much as I reasonably can before the end of September (giving me enough time to talk with my partner and others about it… :).

 

I’ve been thinking about and wanting to take my money out of the stock market for a few years (mostly for ethical reasons).

 

I started to get more serious when my smartest wealth management friend Jack told me he exited the stock market because he felt it was “frothy”. He instead decided to start buying down and paying off his mortgage.

I’ve taken about 1/2 of what I had in index funds out… (like Vanguard’s S&P 500 index fund — which is what my smartest friends told me I should do 3, 5, 10 15 years ago when I first started thinking about this when an employer made me put away retirement money…)

 

but now, I’m considering going all the way and taking a bunch more out of the S&P 500 and the stock market.

 

I’m probably not going to go to all cash like this guy suggests — but rather split the rest between a few places I really believe in:

1. Kachuwa Impact Fund — founded by Blake Jones — one of the top co-op entrepreneurs of our time. He started Namaste Solar — a worker-owned co-op that has done phenomenally well. Amicus Solar — a purchasing co-op. A Clean Energy Credit Union — and now he leads (on a volunteer basis) Kachuwa Impact fund — which is invested about half in real estate and the other half in cooperatives or perpetual trusts — or social impact focused ventures —  https://www.kachuwaimpactfund.com/about   (Side note, they just agreed to a $15,000 investment in CPA Co-op which pays  5% interest for 10 years).   Because I’ve been talking to Blake, I know he’s raising money right now — let me know if you’re interested.
2. CNote — https://mycnote.com/ — 2.5% –  this invests in community development and women-led & women-owned enterprises.
3. RSF Social finance – 1% – https://rsfsocialfinance.org/
4. Other start-up co-ops and social enterprises that have big chances to change the world…

​I Sold My Entire Investment Portfolio One Hour Ago​ by Tim Denning

Do you agree with Tim’s analysis about the stress it causes?

Usually I don’t think about it, so I don’t feel stressed. But when I do look at it and think about it — I feel intense turmoil (as I wrote about in My investing Turmoil).

What are you thinking?

What have you invested in recently that felt much more aligned with your values?

Am I crazy? If so, I’d love to hear.

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Appendix…

If you haven’t watched this 3 min video at MoneyTransforms.com

I highly recommend it. Super provocative.