Your 401(k) probably has gun stocks in it — but you can change that [MarketWatch]
AMERICAN OUTDOOR BRANDS CORP (AOBC)
Last american outdoor brands corp earnings: 3/5 04:15 pm
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Source: MarketWatch
Your 401(k) probably has gun stocks in it — but you can change that When Missouri mom Andrea Waner heard about the Parkland, Fla. school shooting that claimed 17 lives, she felt broken. But she also felt more motivated than ever to take action against gun violence, so at 11:30 p.m. Tuesday, she emailed her financial adviser with a question she was almost afraid to ask: Could she take her $25,000 in retirement savings out of mutual funds that hold gun company stocks and move it elsewhere? “It felt powerful,” she told MarketWatch. “As a 30-year-old mom, mutual funds aren’t something that are even on my radar. But I thought, I have the power. I can move this money. I’ve never done anything like that before, but it felt good.” There are probably guns in your 401(k) Even if you’ve never personally bought a share in Smith & Wesson AOBC, -2.57% there’s a good chance you’re invested in gun stocks, especially if you’re a “set it and forget it” investor with retirement accounts in passivel
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