It depends. I think investing in publicly-traded stocks has a smallish effect on helping the underlying company (see Harris (2022), (Pricing Investor Impact)[https://sustainablefinancealliance.org/wp-content/uploads/2023/05/GRASFI2023_paper_1594.pdf]). I think investing in private companies is probably much worse and should be avoided.
It depends. I think investing in publicly-traded stocks has a smallish effect on helping the underlying company (see Harris (2022), (Pricing Investor Impact)[https://sustainablefinancealliance.org/wp-content/uploads/2023/05/GRASFI2023_paper_1594.pdf]). I think investing in private companies is probably much worse and should be avoided.