How You Could Unknowingly Be Supporting the Sex Trade Industry

by | Oct 30, 2015 | Woman

A prominent pornography website created something of a stir recently when they announced a contest whose prize would be a $25,000 college scholarship. Contestants were asked to submit a video on the topic “How do you strive to make others happy?”

In announcing the contest, the company said “We work hard to help make millions of people feel happy every single day … we would like to help support the recipient of (our scholarship) to realize their goal of doing the same.” A company executive added that they hope the winner will share their “sex positive belief system.”

“Feminist and sexual-violence groups quickly pounced on the scholarship, criticizing it as a way to get young women unable to afford college to make sexually explicit videos of themselves,” according to TIME magazine.

So here’s my question: How do you feel about this? More pointedly, how would you feel if you learned that your daughter was thinking about entering the contest? For most of us, the answer would be “aghast and appalled.” And we would do whatever we could—within the considerable limits of parents’ ability to influence 18-year-olds on anything—to convince our child to drop the idea. As many critics of the contest noted, pornography exploits women, and this “scholarship” in particular targets vulnerable young people who shouldn’t have to sell their bodies in order to get a college education.

Hopefully your daughter is convinced. But here’s another question: Do your mutual fund portfolios include Metro Global Media (MGMA) … or Beate Uhse AG (BEUHF) … or RCI Hospitality Holdings (RICK)? Not sure? That’s not surprising—it’s a real challenge to know all the holdings of one’s mutual fund(s). And even if you did, how could you be expected to know the actual business activities of companies with such generic and innocuous sounding names?

Still, not knowing is a problem … since Metro and Beate are primary producers and distributors of pornography and RCI Hospitality Holdings is one of the country’s largest operators of high-end strip clubs. Which means that if your mutual funds do include these companies, you are involved in the same sort of behavior you otherwise find reprehensible—profiting from the sexual exploitation of young women.

You may be comforting yourself with the thought “What are the odds? I’m sure it’s unlikely that any of my mutual funds have invested in these or other sex-related businesses.” Not so fast. Mutual funds are typically among the largest owners of sex-related stocks, including funds from prominent companies like Fidelity, T. Rowe Price, Goldman Sachs and Nationwide. And if you are a devotee of the index-fund variety of mutual funds, for example, from companies such as Vanguard, know that you are especially likely to be profiting not just from sex-related companies, but from the full complement of “sin stocks.” Suppose your daughter learned that. How would she feel? You’re right, “aghast and appalled.”

What’s a conscientious investor to do? Swear off mutual funds entirely and try to become a capable stock-picker? Not likely. A better alternative is to choose mutual funds that intentionally bring a moral assessment to their investing decisions. Only then can you be confident that you won’t be in the position of so many investors—profiting from companies that directly contradict their deepest convictions. In other words, engaging in what we all understand as hypocrisy.

Fortunately, there are hundreds of ethical choices in the “socially responsible investing” (SRI) and “biblically responsible investing” (BRI) mutual fund categories—many with excellent performance records, ethics and outperformance, which means you’d have no reason to fear that your daughter, or anyone else, might learn what’s actually in your portfolio.

Tim Weinhold is the Director of Faith and Business for Eventide Funds, an award-winning, biblical-values-based family of mutual funds.

CHARISMA NEWSLETTERS

Stay up-to-date with current issues, Christian teachings, entertainment news, videos & more.

The latest breaking Christian news you need to know about as soon as it happens.

Prophetic messages from respected leaders & news of how God is moving throughout the world. 


MORE FROM CHARISMA

Is He a God of Wrath or a God of Love?

Is He a God of Wrath or a God of Love?

Do you think the God of the Old Testament is a God of wrath, and the God of the New Testament is a God of love? The truth is that God is the same throughout the entire Bible. His wrath and His love are revealed in both the Old and the New Testaments. So why, then, did...

How You Can Have a Perfect Heart

How You Can Have a Perfect Heart

Your heart is the most important part of you. It’s not only a physical organ that keeps your blood pumping, but when the Bible refers to the heart, it’s talking about who you really are. Each person has an inner and an outer life. There’s the person we show to...

How the FBI Raid on Mar-a-Lago Is Spiritual Warfare

How the FBI Raid on Mar-a-Lago Is Spiritual Warfare

It's been a few days since the FBI raided President Donald Trump's home in Mar-a-Lago, and the Biden Administration has yet to explain to the American people why they did what's never been done in American history—the government raiding the home of a former president....

How the Holy Spirit Can Restore Your True Sanity

How the Holy Spirit Can Restore Your True Sanity

Most of my life I tried to avoid one thing—being crazy or insane. When I was growing up my mother had emotional issues and saw a psychiatrist regularly. She was on medication which only seemed to make her mood swings worse. She had high highs, and low lows. When I...

Israel Prophecy: The Enemy is Stirring an Unimaginable Conflict

Israel Prophecy: The Enemy is Stirring an Unimaginable Conflict

https://www.youtube.com/watch?v=KJFFqAgykmU A cease-fire between Israel and Palestinian militants took effect late Sunday in a bid to end nearly three days of violence that killed dozens of Palestinians and disrupted the lives of hundreds of thousands of Israelis,...

RECENT ARTICLES

Why Partial Obedience to God is Disobedience

My husband had a saying for our children growing up. “Partial obedience is disobedience.” He wanted them to understand that doing half the plan would not get them the full reward. Another reminder...
Kingdom Economics: Why is America Declining Spiritually So Quickly?

Kingdom Economics: Why is America Declining Spiritually So Quickly?

The Bureau of Labor Statistics released a surprisingly strong July Employment Report.  Total nonfarm employment was 528K (398K previously, 250K expected).  Private nonfarm employment was 471K (404K previously, 230K expected). The headline unemployment rate dropped to...

Can You Discern Spiritual Wind?

Can You Discern Spiritual Wind?

The wind is a funny thing. We do not know where it comes from nor where it goes. We cannot see it, but we can see and feel its effects. Wind can be gentle and refreshing, cold or hot, strong, and dangerous, and everything in between. When the wind blows, we must...

Messianic Rabbi: He That Has an Eye, Let Him Hear

Messianic Rabbi: He That Has an Eye, Let Him Hear

It is interesting that, as a Messianic rabbi the question I am asked most often by Christians is if I believe that they as Christians have to celebrate, or observe, the biblical Holy Days. They are usually asking about those days listed in Leviticus 23: Shabbat, Yom...

How the Holy Spirit Is Preparing America

How the Holy Spirit Is Preparing America

As the crackdown against Christianity in America grows, it is a cycle believers have seen before. While no one celebrates their religious freedom coming under attack, God has used this persecution to great effect throughout history. Over the centuries, there have been...

Dealing Effectively with the Dynamics of Change

Dealing Effectively with the Dynamics of Change

Change can be challenging. Some people look forward to change and embrace it. Some people dread change and try to avoid it. Since change is inevitable, so here are some of the dynamics surrounding change and the specific strategies to deal with change more...

God’s Holy Interruption Is Coming Soon

God’s Holy Interruption Is Coming Soon

This past weekend I preached at The Roads Church, a charismatic congregation located in the tiny town of Norris City, Illinois. Located amid cornfields, the population is only 1,325, but almost that many people visit the church on weekends. They come from all over...

Pin It on Pinterest

[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]