Tips on Social Investing Coram 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

Mr. Jack Chite, CFP®
631-472-1111
283 Singingwood Dr
Holbrook, NY
Mr. Charles Eggleton, CFP®
(631)864-3668
PO Box 341
Kings Park, NY
Mr. Lawrence Sprung, CFP®
(631)979-2661
27 Franciscan Ln
Smithtown, NY
Ms. Beverly Wendt, CFP®
(631)696-4505
48 Long Meadow Pl
South Setauket, NY
Ronald Roge
R.W. Roge & Company, Inc.

(631) 218-0077 Ext: 210
630 Johnson Avenue, Suite 103
Bohemia, NY
Mr. Moss Kaufman, CFP®
631-366-1999
368 Veterans Hwy.
Commack, NY
Mr. Michael Vela, CFP®
(631)439-4600 (145)
4250 Veterans Memorial Hwy Ste 420E
Holbrook, NY
Mr. John Palmer, CFP®
631-979-9309
14 Highwoods Rd
Saint James, NY
Mr. Thomas Snively, CFP®
(631)863-2700
10 Edgewood Ave
Smithtown, NY
Gerard Barrasso
United Financial Planning Group, LLC

(631) 234-0871
888 Veterans Memorial Highway, Suite 530
Hauppauge, 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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