Tips on Social Investing Gloversville 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. Donald Stanyon Jr., CFP®
518-725-0077
149 N. Main St.
Gloversville, NY
Mr. William Vaughn, CFP®
(518)773-4437
260 N Main St
Gloversville, NY
Mr. Richard Menconi, CFP®
518-762-6464
178 E State St
Johnstown, NY
Mr. Rene Farrington, CFP®
518-373-7326
140 Ward Rd
Mayfield, NY
Miss Lorraine Hudson, CFP®
(518)887-2816
2694 Rynex Corners Road
Pattersonville, NY
Ms. Carol Hynes, CFP®
(518)882-6718
5710 Crooked St
Broadalbin, NY
Mr. John Washburn, CFP®
518-762-7440
228 Washburn Hill Rd
Gloversville, NY
Mr. Allan MacVean, CFP®
(518)736-1361
305 Pleasant Avenue
Johnstown, NY
Ms. Dorothea Daknis, CFP®
(518)331-3616
141 Kunkel Point Rd
Mayfield, NY
Ms. Wanda Miller, CFP®
518-863-3108
171 Hampton Point Road
Mayfield, 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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