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[S670]Socially Conscious Mutual Funds
by Jeff Lakie, Jef
You may want to be socially conscious and do the right thing, both in your own community and in the larger global community. Perhaps you are concerned about environmental issues or about opportunities for fair trade and human rights, or maybe you are passionate about protecting wildlife or promoting healthy diet and exercise for young people. Whatever your area of interest and moral or ethical position, you may want to act in a way that is in accordance with your personal beliefs and convictions. But at the same time, you may be interested in making money in the stock market. Many see this as an irreconcilable conflict, but it doesnt have to be, thanks to many stock funds that have been created to specifically cater to the needs of people who want to play the market without compromising their own personal values.

Mutual funds are a great way to delve into the socially conscious side of Wall Street. These are not single stocks, but groups of stocks that are managed by trained professionals. When you buy a share in a mutual fund, you are essentially contributing funds to a mutual fund, and then the funds manager will use that money to buy stocks that he or she thinks will do well and meet the goals of the mutual funds investors. Because these funds value diversity of assets, they are somewhat protected from the risk of only owning shares of an isolated company. And these days there are many mutual fund companies that specialize in socially conscious investing. When you buy into their funds, they promise to use your money only for investment in companies that promote the things you believe in, so you get two benefits. First, you get the peace of mind of knowing that your stock market investments are for good causes. Secondly, you get to promote your causes and support the companies that share your values, by putting your hard-earned money behind your commitment to those values. When get to own shares in companies that are trying to succeed by doing the kinds of things you want to see done in the world, so you have a chance to reap both financial rewards and personal satisfaction.

You can also buy stocks in individual companies, by doing some background research to find out which ones meet your standards. For example, if you want to help protect the environment from companies that pollute, you could buy stock in companies that make green products like alternative fuels that dont contaminate the atmosphere. Or you can buy stock in companies that clean up oil spills, plant trees, or manufacture biodegradable consumer products.

The idea is that you can have your cake and eat it too. It is possible to make money in the stock market and at the same time remain committed to socially conscious values, by putting your money into the right stocks. To learn more, talk to a knowledgeable stockbroker and ask for a list of companies that fit your criteria.

That said, some business owners remain uncertain about what it means to adopt a socially conscious business model — one that merges spirituality with business strategies. For some, the idea of being a socially conscious business runs counter to the idea of being “for profit.”

So what does running a socially conscious business look like?

Well for one, incorporating even a little consciousness into your company can make a big difference and is always better than the alternative — a business that is out of touch with the world around it.

With that in mind, here are three key principles I have found to be consistent with running a socially conscious business. These are principles you can start integrating into your business right away, leading to improvements all across the board.

1. As a business owner and/or leader, focus on being true to yourself.

It rarely feels good to play an unnatural role in our lives. This type of behavior is typically the opposite of authenticity and tends to repel rather than attract success. Playing a role that is not in your nature creates unnecessary stress and can even contribute to health and relationship problems.

When you are in a position of leadership, focus on playing to your strengths and being transparent to those around you. Revealing your true self and living honestly in your work environment will gain the respect of employees and customers alike.

Plus, by setting an example for those around you, it is easier to create a work environment of honesty and realness that is both healthy and productive. This plays a big part in running a socially conscious business.

2. View your employees and/or customers with equality.

Sadly, when the “boss” hat is on some individuals believe this gives them the right to look down upon others. Not only is this unfair, it is both a poor and an unconscious business practice.

An attitude of superiority or a domineering personality can literally crush the spirit of employees and customers. This usually means high employee turn over and customers who will turn and walk away. No one likes to be treated like a second-rate citizen.

Viewing all employees and customers as equals will positively impact your business. The side benefit is that this attitude will play a big role in bringing peace to your life as well.

The bottom line is that you can make a significant impact in your company environment by treating all people with respect. And that is socially conscious business at its best.

3. Mindfulness and Creating Value Increases Profits.

When your awareness extends to how your business is affecting your employees, your community and the environment you are in essence focusing on creating value in the largest sense of the word. In fact, when your business becomes squarely focused on creating value, you will likely notice your bottom line increasing.

This may be the most important principle of all. As you release the emphasis solely on “making money” and expand it to include improving your business practices and relationships with others you set in motion a powerful sequence of events.

In the end, socially conscious business practices result in your employees and customers staying happy. And the ripple effect as your business gains in goodwill can lead to continued success for years to come.

Article Source : Stock Trailer For Sale

About Author
Both Jeff Lakie & Steve Bernal are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Jeff Lakie has sinced written about articles on various topics from Bankruptcy Law, Day Trading and Free Credit Report Score. Take some time today to visit our website. We have many great finance related articles waiting for you. You can visit our web addresse located here http://ukfinancesite.co.uk. Jeff Lakie's top article generates over 110000 views. to your Favourites.

Steve Bernal has sinced written about articles on various topics from Stock, Internet Marketing. Steve Bernal over his 25 year year career has been an entrepreneur, business owner and consultant to Fortune 500 companies. Steve is the founder of
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