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A New Era of Purchasing Healthy Stock Picks,[link widoczny dla zalogowanych]
Today guest post comes from The Digerati Life,[link widoczny dla zalogowanych], a personal finance site that offers ideas and resources on saving cash,[link widoczny dla zalogowanych], investing and money management.
Prior to the 1980s,[link widoczny dla zalogowanych], the business world was filled with unethical behavior. In those days,[link widoczny dla zalogowanych], it was almost okay to become harmful towards the environment because the green movement hadn't yet come old. But go forward to today,[link widoczny dla zalogowanych], and everybody from your current President to the neighbor down the street in a fuel-efficient vehicle is championing a cause. Why not apply that do-gooding attitude towards your investment funds?
Like a serious investor interested in going green,[link widoczny dla zalogowanych], you want to begin by doing research. Socially responsible investing,[link widoczny dla zalogowanych], or SRI,[link widoczny dla zalogowanych], involves screening investments for factors which match your values. The SRI industry itself was pioneered within the 1970s within the closing stages from the Vietnam War. The concept is to live your values rather than invest just for high returns no matter where you find them.
But that doesn mean SRI is only for hippies. It for science-supporters,[link widoczny dla zalogowanych], too. Many profitable,[link widoczny dla zalogowanych], growing firms do scientific research,[link widoczny dla zalogowanych], and also the biotech industry is currently one of the hottest fields. When you have learned about biotech companies but wonder exactly what the field is about,[link widoczny dla zalogowanych], biotech may be the industry of biotechnology and pharmaceuticals. Since medicine is based on scientific research,[link widoczny dla zalogowanych], they may be categorized as biotechnology.
Genetic engineering is a further subdivision. It draws from such hefty sounding scientific fields as physiology,[link widoczny dla zalogowanych], molecular and cell biology,[link widoczny dla zalogowanych], and immunology. Microbiology,[link widoczny dla zalogowanych], biochemistry,[link widoczny dla zalogowanych], chemical engineering,[link widoczny dla zalogowanych], and genetics are also represented. In case your interests lie within the human genome and in recombinant DNA,[link widoczny dla zalogowanych], then you definitely may also be interested in biotechnology investing too. (For more details,[link widoczny dla zalogowanych], browse the book Successful Biotech Investing by Joe Duarte.)
[See The advantage of Socially Responsible Investing]
You don have to pick specific company stocks; to achieve contact with socially responsible funds you are able to invest in indexes such as the KLD Select Social Index,[link widoczny dla zalogowanych], or,[link widoczny dla zalogowanych], for any focus in healthcare and biotechnology,[link widoczny dla zalogowanych], the Care Select Sector SPDR.
In other words,[link widoczny dla zalogowanych], you don have to be a hippie,[link widoczny dla zalogowanych], baby boomer or perhaps a graduate student of science to understand these industries. The main thing is to watch the news and browse articles so you become literate within the health,[link widoczny dla zalogowanych], science and social science sectors,[link widoczny dla zalogowanych], if you aren't already. Once you have committed to these sectors,[link widoczny dla zalogowanych], after that you can relax and watch your money grow while feeling happy that your hard-earned money is supporting good causes.
For additional in the Digerati Life,[link widoczny dla zalogowanych], see:
Best High-Interest Savings Accounts in Internet banking
Best Online Stock Brokers for Cheap Stock Trades
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