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August 05, 2006

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EcoWriter

I personally like to go even further than this article suggests. Rather than just avoid bad actors, I like to invest in companies that I can feel good about. There are many funds that invest in cleaner energy sources, and it strikes me that this is a fairly simple way to "put one's money where one's mouth is." So there are many funds that invest in the kinds of things I like to encourage in the world--Innovest, Domini funds, etc.--and I have to invest money in SOMETHING for retirement, so I put SOME of my money there. (I believe in a lot of diversity to minimize risk, so I would never dream of putting everything in just a few stocks or funds.)

EcoWriter

I personally like to go even further than this article suggests. Rather than just avoid bad actors, I like to invest in companies that I can feel good about. There are many funds that invest in cleaner energy sources, and it strikes me that this is a fairly simple way to "put one's money where one's mouth is." So there are many funds that invest in the kinds of things I like to encourage in the world--Innovest, Domini funds, etc.--and I have to invest money in SOMETHING for retirement, so I put SOME of my money there. (I believe in a lot of diversity to minimize risk, so I would never dream of putting everything in just a few stocks or funds.)

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