More socially responsible investing options with ETFs

The more I see money flowing towards the idea of doing good, the happier I am, because money can be a great catalyst for positive change.  If you're looking for more options for socially responsible investing, there's a new option out there with ETFs (exchange-traded funds). As this article from Motley Fool describes it:

There's a new option available to you, though. Now you can invest in a socially responsible manner via exchange-traded funds (ETFs), which offer some advantages over traditional mutual funds. Like index funds, ETFs are typically based on some index or grouping of stocks. They tend to sport low fees, and whereas some mutual funds have minimum investment amounts of $3,000 or more, you can buy as little as a single share of an ETF (though that extreme is not always smart, given commission costs -- spending $15 to buy a $45 share puts you down 33% from the get-go).

If you want to know more about ETFs, the article also includes a good list of links to more information. 

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Comments

[shelley]

Just found your blog. I love it! It is exactly what I have been looking for. I will be back often. Thanks for the inspiration. You rock!

[Curt Rosengren]

Thanks Shelley. I appreciate the positive feedback. Spread the word! :-D