This guest-post is brought to you by Miranda.
When it comes to investing, many people just accept that they will be contributing to environmental desecration, just by supporting the companies that have practices that are less than eco-friendly. But this is not always the case. Environmentally friendly ways to invest are becoming more popular, whether you are looking at solar stocks or considering investing in biofuels.
Additionally, there are great resources out there, including mutual funds (like the Sierra Club Fund) that are comprised of eco-friendly companies, and ETFs that are also composed of investments friendly to the environment. If you keep your head about you, and look for good opportunities, you will find that in many cases there are environmentally friendly ways to invest all around.
You support companies that care about the planet, and you make some money as well.
Miranda is a professional writer and blogger. She writes mainly about personal finance issues for online and print publications. She contributes to the ethical investing Web site, The Panelist, as well as to the All Business Personal Finance Corner, and LoanShak. She authors the blog Yielding Wealth, and also the WorkShak blog on home business. Miranda and her husband, who is studying environmental psychology, are very interested in environmental issues, and work together to reduce their household’s carbon footprint.
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I guess now every company is projecting an environment-conscious image for their customers. It will be our job to find how true they are in their values.
You were right that practically everybody is talking about going green and eating green and what-nots these days, which I think is a great thing. I mean, that’s definitely better than nobody talking about the environment, don’t you think so?
But of course, as consumers, we are taught (and reminded) every now and then NOT to believe everything we hear and see, lest we fall into their traps :)