How Do You Make Socially Responsible Investments?
While the ultimate goal of investment is to make money, some people are combining this goal with the desire to create a better world. Today, it is reported that Americans have invested over $2 trillion in socially responsible stocks or mutual funds. If you also want to make money while helping to create a better world, then you should consider making socially responsible investments too. Decide what social issues are most important to you. Some people take a strong stand in regards to environmental issues, while others are concerned about animal rights. Make a list prioritizing the issues that are important to you. Consider the extent to which you will hold a company responsible. If you are worried about oil spills, you may refuse to invest in certain environmentally irresponsible oil companies, but you may also limit investment in any entity who does business with these oil companies. Think about the risks you are willing to take. Some new companies aren’t well established, but have h
