Socially responsible investing

Money is important, but when we practice socially responsible investing, we give a nod to the things that are even more important in the world.

Most teenagers go through a phase where they are obsessed with the ultimate evil: selling out.

Although we later grow up to find that this idea is ridiculous, there is a grain of truth to it.

Many adults get so hung up on the idea of making as much money as possible that they do not bother to think about where their money is coming from, or where it is going.

You would be surprised how many people with progressive politics have never heard of socially responsible investing.

You'd be even more surprised how many have their money in truly evil corporations.

I've been helping people make socially responsible investments for decades, so I know how difficult it can be to resist the temptation Of investing in companies with ruthless business practices.

Many of the most successful companies, companies such as Coca-Cola, Microsoft, and Nestle, are forbidden to anyone who really cares about socially responsible investing.

And yet, how can we really stand up for our principles if we are not even willing to protest companies that are doing evil?

To me it just doesn't make sense.

When people ask me why they should care about socially responsible investing when they might be able to make more money with a less principled approach, I explain it to them this way: when you invest socially responsibly, you are not only investing in a company, but also in your future and the future of the world.

Money is important, but when we practice socially responsible investing, we give a nod to the things that are even more important in the world.

Ending world hunger is more important.

Stopping the spread of nuclear weapons, and disarming the nuclear powers is more important.

Supporting human rights is more important.

If we do not make socially responsible investing decisions that support the causes that we believe in, we are no better than the companies that are exploiting people around the world.

One of the neatest things about socially responsible investing is that it does not require a lot of research to get started.

It is easy to find a socially responsible mutual funds that will allow you to create a diverse and high yield investment that will be easy on the conscience.

Besides mutual fund investing, there are stocks that you can buy in companies with outstanding business practices.

A little bit of research and a little bit of concern can go a long way

Online resources and related articles about socially responsible investing: The Social Investment Forum Promoting socially responsible investing, community investing and shareholder advocacy. Covers socially responsible investment, and green, environmental, ecological, ethical investing, by institutions, banks, organizations, financial advisors and professionals.

Glossary: Socially responsible investing Socially responsible investing describes an Investment strategy which combines the intentions to maximize both financial return and social good. In general, socially responsible investors favor corporate practices which are environmentally responsible, support workplace diversity, and increase product safety and quality.

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