subject: Green Investments [print this page] In this day and age, many seniors looking for sound financial investments can go into financial ventures with businesses and companies who are environmentally responsible. These investments can help promote products or services that leave behind a smaller carbon footprint while upping the profits or returns for the company's investors. Green investments, as these are called, may also mean sustainable and socially relevant investment schemes.
If you put money into the stock market, an investment fund, or other common tools that work with businesses promoting environmentally-conscious practices, you're doing green investing. For instance, buying stock in a business that uses sustainable resources or helps develop alternative sources of energy is a green investment. Aside from renewable energy, other sectors also host these types of investments - recycling, energy efficiency, and waste control are other industries or markets that can give you the opportunity to make green investments.
Major stock exchanges can allow the average investor to buy, hold, and sell stock from green businesses. If you buy shares from a company that provides services or products with the "environment-friendly" stamp, you can call it a green stock investment. This kind of investment can be made with a company that creates or develops biofuel, solar panels, or technology that harnesses wind power to turn into electricity. Even if the business or company doesn't directly sell services or products that are friendly to the environment, their business practices may be sustainable or they may embody an environmentally friendly philosophy which helps promote green business. Research the companies that you invest in to ensure that they truly are "green".
If you want to make a profit while keeping an eye out for the environmental legacy you'll leave behind, buy stock or put money into funds that promote environmental consciousness - with businesses that offer environmentally-conscious products or services, or companies that use sustainable business practices.