In recent years, ethical investing has become a hot topic among investors who want to make a positive impact with their money. But for those with small portfolios, it can be challenging to know where to start. The good news is that there are plenty of options for aligning your investments with your values, no matter how much money you have to invest.
One of the easiest ways to get started with ethical investing is to look for mutual funds or exchange traded funds (ETFs) that focus on socially responsible companies. These funds typically screen out companies involved in industries such as tobacco, weapons, or fossil fuels, and instead focus on companies that have a positive impact on society and the environment.
Another option for small investors is to consider investing in companies that are leaders in corporate social responsibility (CSR). These companies are committed to making a positive impact on society and the environment, and often have strong ethical practices in place.
If you're interested in a more hands on approach to ethical investing, you can also consider investing in individual stocks of companies that align with your values. Look for companies that have strong environmental, social, and governance (ESG) practices, and that are transparent about their impact on society and the environment.
No matter how you choose to approach ethical investing, it's important to do your research and make sure you understand the impact of your investments. By aligning your portfolio with your values, you can make a positive impact on the world while also potentially earning a return on your investment. And with so many options available for small investors, there's never been a better time to get started with ethical investing.