Many mutual funds will allow you invest your money in socially responsible businesses. Your money can grow (ideally) and do good at the same time. Here are some examples:
* Pax World offers funds in socially- and environmentally-responsible ethical companies and offers a low $250 minimum investment.
* Shore Bank invests your CDs, money markets, and IRAs in business that work in development and help create economic equity.
* RSF Community Investment Fund IRAs support socially-constructive projects in education, health, and sustainable development.
* Green Century Funds offers environmentally-responsible mutual funds.
Please note that this is not an endorsement of any particular investment, nor are specific returns guaranteed on these or any other investment unless insured by the FDIC.
Choose wisely. Choose with you head and your heart, and let your money work for you and for others.
Saturday, November 06, 2004
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Also consider Domini Funds (http://www.domini.com/), all of which prioritize socially responsible investing.
Learn more at socialinvest.org.
See the November 2, 2005 post for more on socially-responsible investing.
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