"Become an environmentally friendly investor" By John Dickerson & Hawes Dickerson Financial Advisors Edward Jones
On April 22, we observe Earth Day, which focuses on protecting the environment.
And as an investor, you can learn some valuable lessons from the environmental movement.
For starters, you can “recycle” proven investment strategies, such as buying appropriate investments and holding them for the long term.
Also, try to avoid “toxic” investment moves, such as chasing after “hot” stocks.
By the time you hear about them, they’ve likely cooled off – and they may not have been suitable for you, anyway.
And, just as environmentalists stress reducing our “footprint” by getting rid of excess belongings, you may want to dispense with investments you no longer need and use the money to explore new possibilities.
Finally, Earth Day encourages us to plant trees and gardens, and watch them grow.
As an investor, you, too, can plant “seeds” of opportunity by investing in growth-oriented vehicles.
The messages of Earth Day have resonated with generations of people interested in preserving our environment.
And translating some of these ideas to the investment arena can have a powerful effect on your financial future.
This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.