Tips on Social Investing Long Island City 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

Lewis Altfest
Altfest Personal Wealth Management

(212) 406-0850
425 Park Avenue, 24th Floor
New York, NY
Robert Ince
Tribeca Financial Planning LLC

(212) 406-3616
79 Worth Street, 4F
New York, NY
Charles Roberson
Modera Wealth Management, LLC

(201) 768-4600
56 Jefferson Avenue, Second Floor
Westwood, NJ
Philip Capell
Piermont Wealth Management Inc.

(212) 983-8525
100 Park Avenue, Suite 1600
New York, NY
Roman Franklin
Franklin Financial Planning, Inc.

866-653-9907
48 Wall Street (Financial District)
New York, NY
Guy McPhail
Traust Sollus Wealth Management, LLC

(212) 661-8682
405 Lexington Ave- 49th Floor
New York, NY
Keith Amburgey
Rutherford Asset Planning, Inc.

866-261-3344
445 Park Ave
New York, NY
Gregory Plechner
Modera Wealth Management, LLC

(201) 768-4600
56 Jefferson Avenue, Second Floor
Westwood, NJ
Raymond Mignone
Ray Mignone & Co., Inc.

516-203-7194
626 Reckson (EAB)
Uniondale, NY
James Ludwick
MainStreet Financial Planning, Inc.

917-320-5460
1440 Broadway, 23rd Floor
New York City, NY
Data Provided by:
  

Provided by:

Social Investing 101Email Article

Email This Article


Print Article

Print This Article


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

Click here to read the rest of the article at YoungMoney.com.

Related Articles
- Investing in Gold Stocks Long Island City NY
One of the best ways to overcome an inflationary environment is to invest heavily in valuable resources. That is because a natural resource such as gold will not lose its intrinsic value. Everywhere you go on this planet, gold will always command good prices. That is why investing in gold stocks could shield you from a financial meltdown caused by overflowing money supply or hyperinflation.
- How To Invest In Bonds Long Island City NY
- Creative Real Estate Investing Long Island City NY
- Beginner Investment Guide Long Island City NY
- Credit Card Security Tips Long Island City NY
- Simple IRA Long Island City NY
- Management of Income Long Island City NY
- International Exchange Traded Funds Long Island City NY
- Great Property Investment Long Island City NY
- Retirement Planning Long Island City NY