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Old 08-05-2007, 09:31 AM
DcifrThs DcifrThs is offline
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Join Date: Aug 2003
Location: Spewin them chips
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Default Re: Socially conscious investing

[ QUOTE ]
Just wonder if anyone had done this and/or had looked into doing it.

I've researched some basic mutual funds -- Fidelity and some that advertise as "socially conscious" -- and it seems that the Fidelity funds are heavy in oil companies and the socially conscious heavy in clean fuel technology. Are there other options besides mutual funds?

I plan on buying a small stake (3-5K) in the next few months, and am just weighing my options.

Would prefer not to support oil companies by buying their stock, but can see the flip side of that. So this is not a debate about the merits of investing in "bad" companies.

Anyway, dumb noob question but I was just curious if anyone else had looked into this.

Thanks!

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i remember that there is (or will be) a "green" index of companies that meet some standard for helping the environment.

sorry i don't remember the name. hope it helps your search.

Barron
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