6 ways to invest in racial justice

Antiracism protests have called for action and change in our police departments and other systems that have historically oppressed people of color — including the financial system.

In addition to joining those protests, donating to organizations that fight for racial justice or shopping at Black-owned businesses, you can put your investment dollars to work for the cause.

“What comes after protests is money, and money is what will make change sustainable,” says Tiffany Aliche, a financial educator and founder of The Budgetnista.

Here are six ways to support racial justice with your investment portfolio.

1. Invest in Black-owned companies and funds that support racial justice
Kenneth Chavis, a certified financial planner at Mercer Advisors in Scottsdale, Arizona, says investing in stock of Black-owned companies can have two major advantages for investors: diversification and the potential for strong performance.