Investing in Change

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Those of you who'd like to find out more about ethical-investment funds, or who are interested in choosing your own securities on the basis of corporate conduct, may be interested in the following organizations and publications.

Center for Economic Revitalization
28 Main St.
Montpelier, VT 05602

The Center publishes three newsletters: Good Money (bimonthly, an excellent source of detailed investment information), Netbacking (a supplement to Good Money , in which subscribers share skills and resources), and Catalyst (alternating bimonthly with Good Money , focuses on companies and organizations). Annual subscription rate for all three: $36.

Interfaith Center on Corporate Responsibility
475 Riverside Dr.
New York, NY 10115
212/840-2295

An organization of primarily church-affiliated investors. It publishes The Corporate Examiner , a newsletter that keeps a watchful eye on corporate activities, 11 times a year. Annual subscription rate: $25.

Investor Responsibility Research Center
1319 F St. N. W.
Washington, DC 20004
202/833-3727

It publishes a monthly newsletter, IRRC News for Investors , which reports on issues and controversies in the financial world. Annual subscription rate: $175.

Council on Economic Priorities
84 Fifth Ave.
 
New York, NY 10011
212/691-8550

A nonprofit research organization that reports on corporate performance in such areas as politics, energy, and the environment. It publishes the Council on Economic Priorities Newsletter 8 to 12 times a year . . . an annual subscription is $15.

Renewable Energy News
 1010 Vermont Ave. N. W., Suite 1016
Washington, DC 20005

A monthly newspaper on developments in alternative energy. It contains the "Renewable Energy Stock Report" column by Steve Biddle. Annual subscription rate: $28.

Before You Invest...

Before investing in any mutual or money market fund—or directly in any company, for that matter—you may want to take the following steps:

Educate yourself. Ifyou're a newcomer to the world of investing, you'd do well to teach yourself the basic terminology and concepts involved. Many community colleges offer courses on the subject, and any neighborhood library will prove to be a good source of information. [EDITOR'S NOTE: There are a number of excellent books available today on investing. One that seems to do an especially good job of approaching the subject—and money management in general—from the beginner's point of view is Sylvia Porter's New Money Book for the 80's by Sylvia Porter (Avon, 1980, $9.95) . . . you'll find it in most bookstores.]

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