- Change theme
Ethical investing is picking up big time
What you need to know about ethical investing.
13:26 26 November 2014
For many, their money reflects their values. Such people take out their money from a high street bank and put it in an ethical bank, which is normally invested in companies that are trying to create a positive difference. It is all about making money and helping to make a difference by means of that.
The field of ethical investing has now become much more conventional. In fact, it is picking up steam of late. Many banks, which specialise in such investments, report a substantial increase in enquiries for savers wanting to start a saving account. Several investment firms, and advisors see what is coming. The future is bright and clear for ethical fund management companies and people wanting to invest in it.
Companies are expected to put up a great performance in the long term. In turn, more people will be persuaded to turn towards ethical and environmental funds. As more companies start to do well, millions of people will develop interest in investing into ethical funds.
Taking the ethical investing road is filled with decisions that are quite difficult to make. Deciding where to put your money is subjective here. Becoming an investor is not as easy as it looks either. That said, there are a few considerations that need to be made.
•Deliberate what you want to use the money for, and treat it just like a normal investment.
•Determine how long you would like to invest it for, and work out the odds of risk you can assume.
Remember investing in ethical funds may not always bring better returns than investment in mainstream markets. What if it does? The peace of mind that comes with knowing that your money is making a little difference is unparalleled. It is all that you can ask for.