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  Friday November 24, 2017

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EXAMPLES OF SOCIALLY RESPONSIBLE INVESTMENTS
Learn even more about this topic with the Encyclopedia of Personal Finance™

Investing with ethical considerations in mind involves more than avoiding the companies and products to which one is adverse. There are numerous investment opportunities that are widely considered to meet even the longest yardsticks of conscience.

Pharmaceuticals are popular investment opportunities because of their life-saving capabilities. Investing in companies that produce medical equipment is also popular. Products that improve the quality of life include health care products and foods. Many mutual funds that call themselves socially responsible invest heavily in all of these.

Some investors see education as a responsible investment opportunity. They may invest in the building, maintenance, and operation of schools, hospitals, and libraries. Municipal and some federal bonds finance many of these projects.

An investor can help finance job creation and low-income housing in economically depressed areas. There are projects that promote alternative and renewable energy, reforestation, recycling, sustainable agriculture, opportunities for the disabled, and projects that heavily involve women and minorities.

The idea is that supporting these industries and endeavors can improve the economy and make for a more productive and enthusiastic workforce.

If socially conscious investing appeals to you, but you lack the time or inclination to do your own research, you have an investment vehicle suited just for you. Click "Next" to read all about it.




LEARN EVEN MORE WITH THE ENCYCLOPEDIA OF PERSONAL FINANCE. CLICK HERE!

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