Tuesday, January 30, 2007
Who wants to be "socially responsible" ... ?
Over the past couple of years, "socially responsible" mutual funds have gotten a lot of favorable press in the financial media. For the uninitiated, socially responsible funds eschew investing in politically incorrect industries, i.e., tobacco companies, firearms manufacturers, et al. According to the Nation magazine, some of the bleeding heart mutual funds go so far as to avoid companies that "trample on the rights of indigenous peoples." Good for them!
For those of us who could care less about being socially responsible, there's finally a mutual fund in which we can proudly invest our hard-earned dollars. The Vice Fund's portfolio includes companies involved in tobacco, gambling, firearms, and alcohol. They have a pretty good track record to boot.
Look 'em up: www.vicefund.com
For those of us who could care less about being socially responsible, there's finally a mutual fund in which we can proudly invest our hard-earned dollars. The Vice Fund's portfolio includes companies involved in tobacco, gambling, firearms, and alcohol. They have a pretty good track record to boot.
Look 'em up: www.vicefund.com
# posted by Joltin' Django @ Tuesday, January 30, 2007 
