Grex Agora46 Conference

Item 15: Socially REsponsible Investing (long)

Entered by tsty on Mon Jun 23 19:54:19 2003:

1 new of 104 responses total.

#3 of 104 by keesan on Mon Jun 23 21:03:55 2003:

Jep, you are obviously not a liberal, nor do you care about the environment,
nor are you antiwar, therefore how could you possibly find a socially
responsible mutual fund that you agree with?  They are for people who are not
solely concerned with making more money for themselves, and therefore invest
in companies which treat their employees fairly, which do not profit from
wars, which do not profit from selling drugs (even legal ones).  I don't agree
with all their policies either but I am too lazy to choose my own companies
to invest my IRA in so I will put up with them investing in some junk food
companies.  I own part of eBay and I forget what else.  On average, my mutual
fund (Pax) has done at least as well as its competitors.  For some reason,
companies that treat their employees fairly tend to stick around longer.

There are no more items selected.

You have several choices: