Sunday, January 20, 2013

Author Schwartz Defines Good Returns in Moral Framework

In Luke 12:48 Jesus cautions that more will be asked and expected of those who have been entrusted with much. As Christians Jesus calls upon us to act and those who have the means to make a difference must act.And when we choose to be morally responsible stewards of what God has entrusted us with than we build our financial house upon the rock rather than on shifting sand. If faith has no place in making our investments than where in our lives does faith belong?I believe it is important for investors to put their money into companies that share their values and withdraw their funds from companies engaged in activities that are morally objectionable. I also believe that most investors are more interested in profit and financial return and do precious little research into what the companies in their mutual funds or 401ks are engaged in.Because many don't research the values of companies they invest in I am sure many Christians would be shocked to learn that some of the funds th
ey invest in supports activities they find morally objectionable. That's the warning given in Good Returns: Making Money by Morally Responsible Investing by George P. Schwartz, a chartered investment counselor and Certified Financial Advisor. The author's investment firm manages the Ava Maria Mutual Funds, the largest family of Catholic funds in America with more than 25,000 investors.By employing morally responsible investing principles I can make sure that the money I invest supports businesses that stay true to, or at least don't violate, the teachings of Christianity. As a stock holder I am part owner of that company and as an owner I must do enough research to make sure that I am not supporting or agreeing to activities that are morally abhorrent to me. Furthermore, as an owner I have a right to make my voice heard and should speak up if a company I am investing in is engaged in something I object to such as pornography or embryonic stem cell research.The hard-cover edi
tion of Good Returns is only about 175 pages and so does not take long to read. Take the time to open your eyes to the importance of morally responsible investing and pass on this book to a friend when you are finished.

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