More Galleries
50 years of the Ford Mustang Take a drive down memory lane with our favorite photos of the car through the years. More
Cool cars from the New York Auto Show These are some of the most interesting new models and concept vehicles from the Big Apple's car show. More
8 CEOs who took a pay cut in 2013 Median CEO pay inched up 9% in 2013 to $13.9 million. But not everyone got a bump last year. Here are eight CEOs who missed out. More
Special Offer
10 of 10
BACK NEXT
Two best ways to feel good about your money
Two best ways to feel good about your money
Buy Pax World Balanced Fund
800-767-1729

Sure, investing in socially responsible mutual funds - those that eschew purveyors of tobacco, weapons and so forth - can make you feel all warm inside. But their average returns in recent years have been chilling.

Not so with this fund, which invests in both stocks and bonds worldwide. It consistently beats the average moderate-allocation balanced fund (returning 9.4% vs. 5.9% in 2007), and it even bested the much riskier S&P 500 index over the past three years.

Its expense ratio also provides a reason to feel quite satisfied: At 0.96%, it's lower than that of most other socially responsible funds.

Join the Vanguard Charitable Endowment Program
888-383-4483

Let's say you want to take a big tax deduction this year by donating a slew of stock but you're not sure which charity to choose. Transfer your stocks to a donor-advised fund, take the deduction now and designate the recipient(s) later. If the fund increases in value, your charities benefit.

Because all major financial firms operate donor-advised funds in pretty much the same way, look for low fees. Vanguard's annual 0.57% is one of the lowest around, and you get access to eight investment pools of Vanguard funds. Minimum investment is $25,000.

- Joe Light, Money Magazine staff reporter

More galleries

Last updated April 15 2008: 3:50 PM ET
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.