Tips on Social Investing Elmont 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
Raj Prashad
Eagle Tax Planning & Advisory Group. LLC

(718) 441-7011
106-04 101 Avenue
Ozone Park, NY
Kathryn Norris
Asset Strategies, Inc.

(800) 245-2752
350 West 50th Street
New York, NY
Philip Capell
Piermont Wealth Management Inc.

(516) 496-7800
135 Crossways Park Drive, Suite 102
Woodbury, NY
Roman Franklin
Franklin Financial Planning, Inc.

866-653-9907
48 Wall Street (Financial District)
New York, NY
Alan Rothstein
Asset Strategies, Inc.

(800) 245-2752
350 West 50th Street
New York, NY
Joel Isaacson
Joel Isaacson & Co., LLC

(212) 302-6300
546 Fifth Avenue, 20th Floor
New York, NY
Joyce Streithorst
Frisch Financial Group, Inc.

(631) 271-7900
290 Broad Hollow Road, Suite 130E
Melville, NY
Philip Capell
Piermont Wealth Management Inc.

(212) 983-8525
100 Park Avenue, Suite 1600
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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