4 environmentally friendly investment approaches

Global investors are more concerned than ever with sustainability. A recent analysis by the Global Sustainable Investment Review showed that more than $35 trillion in investment assets are considered sustainable.

Unfortunately, not every investor who wants to go down an environmentally friendly path knows how to do it. Making green investments is not always easy. If you want to invest in individual companies, you will need to do a lot of research to make sure they are indeed “green” investments. Fortunately, stocks of a sole proprietorship aren’t the only way to invest. As technology advances, there are more and more ways to invest in an environmentally friendly way.

However, it’s also important to understand the hard facts of ethical investing, such as the type of investments you should avoid. After all, if you invest half your money in a green investment vehicle and the other half in a very non-green investment vehicle, they will essentially cancel each other out. For example, as things stand, cryptocurrency is not a green way to invest.

In fact, the production of crypto has proven to be extremely damaging to the environment. Also, crypto is notorious for being unpredictable, so it might not be a good long-term investment anyway. Some cryptocurrencies are more sustainable than others, but there is still debate as to whether eco-friendly cryptocurrency even exists.

In today’s article, we’re going to take a closer look at 4 green ways to invest. So let’s get started!

Invest in yourself

It may sound strange, but investing in yourself is one of the greenest ways to invest. After all, if you can find ways to invest in your future, you can find other ways to give back to the environment with your time, energy and ideas. For example, if you are struggling with health issues, you should make health your top priority. Even if you only have a bunion, consider hiring the experts at Northwest Surgery Center for minimally invasive bunion surgery.

Green stocks and bonds

Naturally, investing in yourself takes time and it is not always easy to see the benefits (for yourself or for the planet). Fortunately, investing in green stocks and bonds is a little easier. With a little research, you can usually separate green companies and actions from those that do little or nothing to help the environment. Ask Traders has a blog post on some of the best eco-friendly stocks to invest in. all alone.

Ecological housing

Many people unknowingly lose a lot of energy due to outdated housing designs. Luckily, you can invest in upgrading your home to make it more eco-friendly. These can be as simple as more energy efficient LED bulbs or improved seals on all your windows and doors. By making several of these investments, you can save hundreds of dollars a year on your utility bills, or even more.

Renewable energy

While small changes to create a greener home are a great start, you can make much bigger long-term investments by getting involved in renewable energy. Wind and solar power installations are the most common options. For example, by investing in solar panels to be installed on the roof of your house, you could literally reduce your energy consumption to zero. If you produce more energy than you consume, you could even resell your energy to the public for a good profit.

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