How to Build a Socially Responsible Portfolio
Making money is the primary goal for most investors, but it doesn't have to be your only goal. Building a socially conscious portfolio can generate you a nice profit while also helping to make the world a better place.
Socially responsible investing (SRI) means choosing your investments based on your moral and ethical beliefs. For example, if you believe that tobacco companies are unethical, you would refrain from buying stocks or bonds issued by those companies.
Although socially responsible investing has been around as a concept for decades, it's really taken off in the last few years. One out of every six professionally managed dollars is invested based on an SRI strategy nowadays. As a result, the number of SRI-based mutual funds has increased dramatically.
Source: Fool.com
