Don’t Let Personal Beliefs Affect Your Investments

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cigarette-424540_1280Recently several large endowments, including Georgetown University and Stanford among others, have begun letting personal beliefs affect how they invest money.

The university’s decision is an example of socially responsible investing (SRI), where an investor will not consider owning the stock of a company that is in conflict with a personal belief.

Although it is perfectly understandable for an investor to want to avoid owning stocks that conflict with personal beliefs, there is no room for emotion in the investment process (especially for retirees who have very specific needs).

Find out more at Market Watch.

Photo courtesy of: pakura