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A federal judge has frozen the assets of an Appleton investment firm whose founder allegedly took $1.2 million in undisclosed payments derived from investments the firm managed. Judge William Griesbach froze the assets of Wealth Management LLC at the …
Socially responsible mutual funds
We all know that some businesses are not useful for the social welfare. The alcohol, tobacco, gambling, weapons are some examples. You may get good profit by investing in evil business. But is it desirable? Then there is a question of work force policy. There can be countries in the world, where the workers are exploited for profits. If underage children are forced to work for many hours at very low cost, your company may get better profits. The point is whether you are going to invest in bad companies and there by promoting the evil forces in the society. The environment issues are of paramount importance in today’s modern world. If the environment is damaged, then its repercussions will be on future generations. If a company is not following good environment policy, it may make more profit for you. If you invest in such a bad company, you are promoting environment destruction. Do you want to create problems for future generations by investing in bad companies? There are many unsafe products in the market. In third world countries due to lax laws, it is possible to sell cosmetics containing lead, which are banned in western countries as they are unsafe. If you invest in a bad company like this one, you may get better profit, but lot many women in third world countries will suffer due to lead poisoning in the unsafe products. Do you want to be part of this lead poisoning? Do you want to promote it? These are all ethical problems. The socially responsible mutual funds do not invest in the bad companies that might be harmful to society as a whole in some form. Sometimes investing in socially responsible mutual funds is also called as ethical investing. Some people feel that socially responsible mutual funds will always bring in less return as compared to others. This is not always true. At the same time many people are accepting fewer profits in socially responsible mutual funds gladly. The ethical investing in socially responsible mutual funds brings lot of mental peace for many investors which are part of human well being. In 2001, 181 billions were invested in the socially responsible mutual funds. In 2003, 2000 billions were invested in socially responsible mutual funds. The interesting point here is that more than fifty percent additional investment was in new types of socially responsible funds. This means as per the needs of the consumers different types of new socially responsible mutual funds are created by the companies and are welcome by the investors. You have lot many types of socially responsible mutual funds to choose from. Go to any web site about socially responsible mutual funds and invest in your choice of socially responsible mutual funds, get profits, mental peace and better society.
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Dan Denton is stuck in a vicious cycle: He’s behind on his bills after losing his job. But lousy credit is spoiling his chances of finding employment. Recruiters from a St. Louis investment company recently rescinded an offer after looking at his credit….. (source: SF Gate) - RSS widgets and RSS feeds on Feedzilla.com
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The start-up of new mining projects has fallen 80 per cent compared to this time last year. But investment in resources is still strong. The Australian Bureau of Agricultural and Resource Economics (ABARE) figures show only 11 new mining projects …
Investment driven growth key for India: Morparia - Economic Times
MUMBAI: The Financial Management Summit 09 hosted by The Economic Times was on Friday drew financiers, treasurers, bankers and brokers and the biggies of Corporate India. The summit seeks to delve on the needs of the financial markets post the …