Building A Low Cost Portfolio With Socially Responsible Funds
Some of my friends don’t feel good about investing.
They want to make money. But they won’t support businesses that build missiles, hook kids on cigarettes or extract air polluting fossil fuels.
That rules out most actively managed funds and indexes. They don’t discriminate against specific types of companies.
Investors wanting to align their money with their ethics have two choices. They could select their own individual stocks.
Or they could buy funds called Socially Responsible Investments, also known as SRIs.
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