Socially responsible stock market investing is far more common than most people might actually think. There are a lot of investors out there that truly believe in corporate social responsibility and that it is just as important as the risks and returns on stocks. If you are someone that wants to invest in stocks but you want to make sure that it’s with companies that care about people, about the environment and other social issues, it’s going to take some knowledge and some navigating through all the corporate financial information that is available out there. This can be a little be intimidating, but if it’s important to you then you won’t might the extra time and effort it will take to find the right companies to invest in.
When researching you should make a list of around ten socially responsible issues and list them in the order of their importance to you. If it’s the environment is the most important thing for you then you should list that at the top of your list. Once you have done that you should decide which are your true top five issues and then look for five companies that match your top five issues and if you can’t find them then you should move onto the next five.
You need to try and find only those companies that actually have proof that they are socially responsible within your top five issues and then you should start a list of names and their ticker symbols.
After you have a few companies listed you will then want to do some further research on the companies that you have picked. You should try and keep it simple and only notate the basic information like how the investment is socially responsible or how they practice corporate social responsibility. When you have done this you should research their financial information. Again, you should try and keep this simple and get just the prices, total returns and their past performance history.
Once you have compiled all of this information on all the companies on your list you should try and make a decision. You need to decide just how much money you are willing to invest in each of your chosen companies.
The next step is to either pick out a broker to work for you or if you are confident enough do your own investing. Make sure to take some time thinking about this one. Will it be worth saving the money or would you rather pay a little extra for a professional to take care of your investments. If you are not really sure about your own abilities, then, your best bet would be to go with a professional.