Incorporate ethical investing into your portfolio from "summary" of The Barefoot Investor by Scott Pape
If you’re like most people, you’re probably keen to feather your retirement nest with investments that are in line with your values. That’s where ethical investing comes in. It’s about putting your money into companies that do good stuff and avoiding those that do bad stuff. But before you start throwing your hard-earned cash at any old ethical investment, there are a few things you need to know. First off, not all ethical funds are created equal. Some might say they’re ethical, but they’re really just paying lip service. So, you need to do your homework. Look under the hood of the investment, and make sure it aligns with your values. Check out the companies it invests in, and see if they pass the sniff test. If they’re not doing the right thing by people, the planet, or animals, then it’s probably not the investment for you. Next, think about diversification. You don’t want to put all your eggs in one ethical basket. Spread your ...
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