Green Investing — The Next Step to Green Living

Okay. So you recycle, you use biodegradable cleaning products, eat organic, conserve water, and bike to work — how much greener can you get? If you are fortunate enough to have a little discretionary income, rather than investing in another hemp sweater, you could actually invest in the company that makes them. It’s called Socially Responsible Investing (SRI), or eco-investing.

More and more consumers and investors are beginning to show an affinity for understanding and protecting their environment. Investing in environmentally and socially responsible companies can also prove to be profitable. But, just because a company is “green” doesn’t necessarily make it a good investment. If the company you support isn’t making any money then neither are you. Also, beware of “greenwashing” — a company may profess to be more eco-friendly than they actually are…

Terri French, Contributing Writer

Terri French is a writer living in Huntsville, Alabama. Her work has appeared in The Valley Planet, Texas Parks and Wildlife Magazine, Boston Seniority, and The Canadian Organic Grower. Terri and her husband, Ray, recycle, use “green” products, buy organic, and make environmentally friendly investments.