This entry will be short and sweet; I’ll let the numbers do the talking.
If one of your goals for 2008 is to better your finances, you should consider engaging in socially responsible investing and enjoying competitive financial returns (as matched against non-SRI products and investments). Social Investment Forum publishes a handy, easy-to-read Mutual Fund Performance Chart to help you sort through some of your options. It compares competing SRI fund profiles, financial performance, screening details, and voting records.
I will revisit the topic of SRI to discuss its benefits and drawbacks, but thought I would share this guide in the meantime.
January 2nd, 2008 at 9:35 am
Congratulations on writing about socially responsible investing. If any readers are interested, I have been following socially responsible investing for about forty years and have a website that covers the latest relevant global news at http://investingforthesoul.com/
Best wishes, Ron Robins
January 2nd, 2008 at 8:01 pm
Hello Ron,
Thanks for the kind welcome and for information on your site. I certainly do not have the expertise you have on this topic, so I look forward to learning more.
I just checked out your recent commentary on “mission-based investing” strategies of foundations. Having worked in development [fundraising] for a number of nonprofits, I was always struck by the paradoxical nature of mission-contrary investing, and sometimes fundraising, strategies. I’m glad to hear more foundations finally are taking such seemingly obvious steps to maximize their grantmaking social impact, by not investing in companies that undermine those efforts.
Thanks again,
LaTeisha