Invest your Money Mindfully… and create a better world.
When we invest our money, we can cast a vote for our values. When we don’t invest mindfully, we may be unconsciously supporting companies that we wouldn’t endorse if we gave it a little more thought.
Some people have never considered making investment choices based on the impact of the underlying companies. More and more investors are asking me for options that are in alignment with their values.
The good news it that there’s significant growth in companies that strive to not only make money but also have a positive influence on the world. These companies seek to find a win/win, looking to benefit owners, shareholders, employers, employees, and the community.
Increasingly, companies are coming to my attention that create profit with purpose, that hold to family values, and work to minimize their environmental impact.
Of course, all investors look to purchase stocks of profitable companies: companies that make money. Socially responsible investing is the process of making investment decisions using traditional financial analysis while also evaluating performance on environmental, social and governance factors. This extra level of research gives fund managers an even more accurate picture of each company. It’s not something new or different, it’s an extension of sound investment practise.
A socially responsible investor looks for companies that are profitable and reflect values that may include:
- Respect and Dignity for all People
- A World at Peace and Free from Violence
- Global Justice
- Honest, Compassionate Business Management
- Community Health
- Good Environmental Stewardship
These investors are applying part of my program ☺Mindful Money Management.
As shareholders, these investors influence companies to reflect these values. Not only does the socially responsible fund manager choose responsible companies, they also lobby companies to do better.
Given the choice, would you choose to invest in companies that reflect these values? Would you want these companies to be strong and thriving businesses? Would you vote for companies with strong ethics?
We can have profit and protect our values. Profit and values must go together. The myth that socially responsible investing results in lower returns has been debunked by a study done by a Canadian Financial Institution.
Here is a link to an interview I did with Dr. Gavin Armstrong about the company he operates called Lucky Iron Fish and Social Enterprise in general. I think you will enjoy hearing what Gavin has to say.
Lucky Iron Fish with Dr. Gavin Armstrong
When we are mindful about the way we invest, we cast a vote for our values and we practise ☺Mindful Money Management. Join the mindful and create a better world.
Imagine what it would be like if we all became mindful. Mindful Money Management makes that happen when you spend, invest and donate to create a better world.
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How are you voting for your values? I’d love to learn about the impact you plan to make. Please feel free to contact me at [email protected] with your comments and ask to be included on the guestlist for my next Mindful Money Management Zoom Workshop. See you there!