Tips on Social Investing Riverhead 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. Michael Donato, CFP®
631-828-4194
12 Blackberry Lane
Center Moriches, NY
Mr. Joseph Brida, CFP®
(631)391-2915
10 Audubon Gate
Miller Place, NY
Mr. Robert Pahl, CFP®
631-474-8268
41 Autumn Dr
Mount Sinai, NY
Ms. Lisa Kelly, CFP®
(631)335-4324
1 Seaview Ledge
Shoreham, NY
Ms. Nancy Kaye-Kirsch, CFP®
640 Dune Rd
Westhampton Beach, NY
Ms. Martha O'Neill, CFP®
(631)871-4769
P.O. Box 670
Bridgehampton, NY
Mr. Paul McKee, CFP®
(631)298-4453
375 Laurelwood Dr
Laurel, NY
Mr. Raymond Menna, CFP®
(631)828-5083
250 Shore Rd
Mount Sinai, NY
Mr. Michael Pellman, CFP®
631-548-4058
611 East Main Street
Riverhead, NY
Mr. Kevin Luss, CFP®
631-283-4014
6 Country Club Drive
Southampton, 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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