EXAMPLES OF SOCIALLY RESPONSIBLE
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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
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.