An
investment that is considered socially responsible because of the
nature of the business the company conducts. Common themes for socially
responsible investments include avoiding investment in companies that
produce or sell addictive substances (like alcohol, gambling and
tobacco) and seeking out companies engaged in social justice,
environmental sustainability and alternative energy/clean technology
efforts. Socially responsible investments can be made in individual
companies or through a socially conscious mutual fund or exchange-traded
fund (ETF).
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