Tips on Social Investing Saint Albans 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

Steven Copeland
Safe Harbor Financial Planning

914-771-5277
53 Rossmore Avenue
Bronxville, NY
Bradley Rudman
Rudman Cannon Financial Advisors

(212) 461-2292
44 Wall Street, 12th Floor
New York, NY
Karen Altfest
Altfest Personal Wealth Management

(212) 406-0850
425 Park Avenue, 24th Floor
New York, NY
Philip Capell
Piermont Wealth Management Inc.

(516) 496-7800
135 Crossways Park Drive, Suite 102
Woodbury, NY
Timothy Clark
Greystone Wealth Advisors LLC

914-232-3773
330 Madison Avenue
New York, NY
Alan Rothstein
Asset Strategies, Inc.

(800) 245-2752
350 West 50th Street
New York, NY
Anthony DeVito
ADV Investment Management & Financial Planning

800-732-5031
151 Overlook Avenue
Staten Island, NY
Raymond Mignone
Ray Mignone & Co., Inc.

516-203-7194
626 Reckson (EAB)
Uniondale, NY
Philip Capell
Piermont Wealth Management Inc.

(212) 983-8525
100 Park Avenue, Suite 1600
New York, NY
Stanley Altmark
Joel Isaacson & Co., LLC

(212) 302-6300
546 Fifth Avenue, 20th Floor
New York, 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
- Retirement Planning Saint Albans NY
Retirement is a big decision for everyone working in today's economy. When you can retire comfortably is a matter that is different for every individual. Taking the proper steps today can help you plan an easy and comfortable retirement for tomorrow. There are many options to choose from to help make retirement the best years of your life.
- Management of Income Saint Albans NY
- How To Invest In Bonds Saint Albans NY
- Investing in Gold Stocks Saint Albans NY
- International Exchange Traded Funds Saint Albans NY
- Credit Card Security Tips Saint Albans NY
- Beginner Investment Guide Saint Albans NY
- Creative Real Estate Investing Saint Albans NY
- Great Property Investment Saint Albans NY
- Simple IRA Saint Albans NY