Tips on Social Investing Bayside NY

Socially responsible investing is the process of choosing investments based on both financial and ethical values. Here are some tips on how to achieve successful social investment.

Local Companies

Guy McPhail
Traust Sollus Wealth Management, LLC

(212) 661-8682
405 Lexington Ave- 49th Floor
New York, NY
Steven Copeland
Safe Harbor Financial Planning

914-771-5277
53 Rossmore Avenue
Bronxville, NY
Karen Altfest
Altfest Personal Wealth Management

(212) 406-0850
425 Park Avenue, 24th Floor
New York, NY
Raymond Mignone
Ray Mignone & Co., Inc.

(718) 229-2514
252-81 Brattle Avenue
Little Neck, NY
James Shagawat
Baron Financial Group, LLC

866-FEE-ONLY (333-6659)
Midtown
New York City, NY
Gerard Barrasso
United Financial Planning Group, LLC

631-234-0871
5 Penn Plaza
New York, NY
Anthony DeVito
ADV Investment Management & Financial Planning

(914) 738-6313
500 Mamaroneck Avenue
Harrison, NY
Cheryl Costa
AFW Wealth Advisors

(914) 696-5300 Ext: 210
3020 Westchester Avenue
Purchase, NY
Kathryn Norris
Asset Strategies, Inc.

(800) 245-2752
350 West 50th Street
New York, NY
John Henry Low
Knickerbocker Advisors Inc.

(212) 717-8080
230 Park Avenue, Suite 456
New York, NY
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Some people are afraid to invest because they think it might be immoral. They don’t want to encourage excessive greed, contribute to environmental damage, or make choices that go against their religious convictions.



And here’s the thing: they don’t have to. Socially responsible investing is the process of choosing investments based on both financial and ethical values. It involves careful research and monitoring of investments, which is what any investor should be doing anyway.



Social investing is pure capitalism, not charity. The people who have the money to invest expect those who need funds to meet certain standards. Some social investors are guided by political ideology or religious beliefs covering a broad spectrum of ideas, but others simply want companies to reveal their business practices and operate for the benefit of shareholders, not managers. After all, isn’t that how it should be?

The primary way to succeed through social investing is to do careful research. First, you need to see if the investment meets your financial goals. Then, you need to see if it makes good economic sense. Both steps are necessary. Read the annual report on Form 10K. What is the company’s business? What is going right, and what isn’t going well? How much debt does the company have? How profitable is it? Are profits growing or shrinking? Are customers paying their bills? Is inventory being s

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