How does the environment impact your investments? Environmentally speaking, there are many different types of factors that can effect an investment, including government regulation, business regulations, land use restrictions, fuel regulations, etc. The overall impact on society as a whole can be seen in the amount of air pollution, water pollution, and land degradation that are all affecting the earth today. When you make investments in the earth’s resources, it directly affects our overall quality of life.
How does taking my investing for social and environmental impact quiz relate to your financial portfolios? If you want to help the world, then your financial portfolios should reflect this. It is important that your investments do not only reflect current market conditions but also anticipate future market conditions. This take my investing for environmental and social impact quiz will help you determine how you can best prepare your financial portfolios to handle these types of investments.
If you plan to retire at some point, one of the major costs that you are likely to incur is health care. You may not be able to purchase the house of your dreams, rent a nice apartment, or travel around the world – all of these things would be out of the question. Fortunately, with sound financial portfolios, you can ensure that you have a comfortable retirement.
In today’s world, the focus is often on what we consume today, rather than the future. Most people place a greater value on what they can purchase today, than they do on what they should have bought tomorrow. Unfortunately, most people are not living up to their potential. Because of this, we are placing a massive environmental toll on our planet. Take my investing for environmental and social impact quiz and find out how you can start making a difference in the world today. Your investments – both financial and non-financial – can make a big difference.
How can you best take my investing for environmental and social impact quiz? First, examine your financial portfolios and see if they are all in line with your values. It is easy to invest in environmentally responsible products, if you know where to look. For example, you may want to consider adding green stocks to your mutual funds. Green mutual funds tend to outperform the majority of traditional funds, but you still need to evaluate your individual investments. Be sure that you know what is in your portfolio, as well.
Second, consider taking steps to reduce your own carbon footprint. You can go one of several ways. First, replace your car with a more eco-friendly one. You can also choose to replace your home with a more energy efficient model or live in a home or condo that has been insulated or cooled to keep the heating and cooling costs down. Finally, use electricity from alternative sources to do your power or natural gas to heat your home.
Whether you are looking for ways to take my investing for environmental and social impact further, or you just want to be doing your part in the fight against environmental degradation, it’s never too late to make a difference. There are many important decisions you will make over the next several years that will either strengthen or undermine your efforts. Take the time now to consider how your actions fit into that picture. You’ll be glad you did.