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Life Kit

How to make ethical investing work for you

Life Kit

NPR

Education, Self-improvement, Health & Fitness, Business, Kids & Family

4.54.9K Ratings

🗓️ 13 January 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

Money talks, but how do you make sure your money is sending the right message? Ethical investing isn't magic, but it's one way to try and put your money where your morals are. Here's what you need to know before you get started.

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Transcript

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0:00.0

This is NPR's life kit.

0:02.0

You might have heard before that money talks.

0:04.5

Well, if you've come to this episode,

0:06.2

you're probably wondering how to make sure that that money

0:09.0

is speaking the right message.

0:11.0

Maybe you want to put your dollars towards fighting climate change

0:13.5

or fighting racism or inequity in the workplace.

0:16.5

Ethical investing is one great way to start doing that.

0:20.0

The broad idea behind this style of investing

0:25.0

is a belief that you can generate meaningful, measurable,

0:31.5

societal outcomes while also generating a healthy profit.

0:38.5

That is financial planner and consultant, Mineshita Kour.

0:41.5

She says, ethical investing is a lot more complicated

0:45.0

than just declaring your cause on your 401k paper worth.

0:48.0

Ethical investing is a lot like love.

0:52.5

Everybody has sort of their own definition and take on it.

0:57.0

And everyone feels they've landed on it at different points.

1:03.0

Like love, investing requires us to figure out our moral priorities.

1:07.5

Mineshita Kour has been thinking about this for a long time.

1:10.5

She's worked in finance for more than 25 years.

1:13.5

But her education started even earlier.

1:16.5

As a child, her mother introduced her to media

...

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