Environmentally conscious investing is one of the hottest trends in wealth management. As an environmentally conscious investor, you can increase and diversify your portfolio while supporting companies that are working to make a difference by protecting the Earth and its environment. So-called green investments make up a growing segment of the market in socially conscious investing, as participants choose to put their money where their beliefs are.
Opportunities for the environmental conscious investor range far beyond the obvious choices of organic products and biofuels. Green investing embraces the development of sustainable technologies, alternative energy sources, even environmentally sensitive waste management solutions. To move into environmentally conscious investing:
1. Explore green mutual funds for environmental conscious investing.
2. Keep up with trends in environmentally conscious investing with green financial publications and websites.
3. Get help from financial advisors who specialize in guiding the environmentally conscious investor.
Action Steps
The best contacts and resources to help you get it done
Consider mutual funds for your environmentally conscious investing
For the environmental conscious investor, green mutual funds from respected providers offer an easy means of investing in earth-friendly companies and sustainable technologies while practicing conservative wealth management.
I recommend: Mutual funds from
Portfolio 21 Investments support environmentally conscious investing in renewable energy and ecologically sustainable products. Learn more about environmental conscious investing by reading "What Is Green Investing?" from
Green Century Funds; then look into mutual funds from this top-ranked provider of environmentally conscious investment products.
Get advice for the environmentally conscious investor from leading green investment publications
Make sure your environmentally conscious investing decisions are informed. Take advantage of the resources offered by green investment publications and web news feeds.
I recommend: GreenMoney Journal, available online or in an enhanced hard-copy subscription, offers advice and resources for the environmental conscious investor. At the website you can also search archives, monitor a green events calendar, purchase books on green investing and sign up for a free quarterly e-newsletter on environmentally conscious investing. Keep up with trends in environmentally conscious investing with the news feed from
SocialFunds.com.
Get assistance from environmental conscious investing advisors
As an environmentally conscious investor, you're not alone. A whole industry has grown up around providing sound investment advice to those interested in supporting green companies, sustainable technologies and other socially conscious investments. Work with a financial advisor who shares your environmental consciousness to maximize the effectiveness of your portfolio.
I recommend: Advocacy Investing, a service of Marc J. Lane Investment Management, focuses on providing the environmental conscious investor with sound advice from a shared philosophic base. To locate an environmentally conscious investment advisor near you, search the listings provided at the
Social Investment Forum, a clearinghouse for socially conscious investment information.
Tips & Tactics
Helpful advice for making the most of this Guide
- Not every investment product that calls itself green is a responsible choice for environmentally conscious investing, so educate yourself and look for advisors, individual investment products and funds with established track records among the socially conscious investment community.
Related Resources from Business.com
Comments
Is any content on this page inappropriate? To let us know, please 
