Investing can be a great way to earn extra income. But with many funds investing in less than socially responsible companies, it can be hard to find the right investment for you.
Times are changing, and although it’s not easy being green, there is a multitude of opportunities out there that support the environment. So, you can earn extra money while in the knowledge that you’re helping the planet, not harming it.
In this article, we’ll discuss what SRI responsible investment is and share the best savings investment for your money.
If you’re new to investing or are just looking for ways to make your portfolio more socially responsible, there is now a wide array of options to choose from. From investing in companies that fight climate change to racial and gender justice, there are plenty of options out there. But there are some things to consider when making a socially responsible investment.
When you’re thinking about making SRI-responsible investments, it’s equally important to look after yourself as well as others. As with any investment, you want to make a good return, so look carefully at performance, potential, and risk.
Some companies that you may not want to invest in on the surface (such as gambling companies) may actually have diverse portfolios which are also dedicating funds to underrepresented communities or countries. Although you may not be interested in the company itself, you could share some of its core values, so it’s important to think about each company before you invest.
If you’re thinking about making an SRI investment, you may be concerned that you’ll have to give up the performance of your portfolio to achieve the goals that meet your values. But that’s not necessarily the case - research has shown that SRI-responsible investments perform just as well as other investments.
As your portfolio grows, you might want to consider splitting your investment into several companies. If one of these investments brings in good returns, you may then decide to invest exclusively.
If you’ve got questions about how to invest in a way that aligns with your values, we’re here to help. Get in touch with our experts at Integritas Financial Planners today to learn more about SRI investments and making the right investment choice for your values.
You should be aware that the value of investments may go up and down and you may receive back less than you invested originally.
Image source: Pexels