How can I make sure my investments align with my values and beliefs?
Curious about sustainable investing
To make sure your investments align with your values and beliefs, you can follow these steps:
1. Determine your values and priorities: The first step is to identify what is important to you, whether it's social justice, environmental protection, or something else. This will help you identify the types of investments that align with your values.
2. Research investment opportunities: There are many resources available to help you identify sustainable investment opportunities. You can research companies, mutual funds, exchangetraded funds (ETFs), and other investment vehicles that align with your values.
3. Consider your risk tolerance: Sustainable investments may carry more or less risk than traditional investments, so it's important to consider your risk tolerance and investment goals when selecting investments.
4. Evaluate companies and investment products: Look at the company's track record in environmental, social, and governance (ESG) issues, and evaluate how well they align with your values. You can also look at the ESG ratings of mutual funds or ETFs.
5. Review your investments regularly: It's important to review your investments regularly to make sure they continue to align with your values and perform as expected.