Clean investments have helped my conscience and my pocket book

User: preisberg@wellesley.edu

Vendor: Drive Green - Green Energy Consumers Alliance

Action: 2110 - Consider Climate-driven Investments

Wanting my investments to reflect my values, I was disturbed to realize much of my money was unintentially supporting oil companies. An easy change was to switch my investments that were linked to the Standard and Poors 500 index (SPY) to an index that was Standard and Poors minus fossil fuels (SPYX). I did this 7 years ago and not only did I get to feel better, but the fossil free index has performed better than the regular index over the years.

For me investing is about the future. The future I foresee but also the future I want to encourage.  This  vision  has  led me to invest in electric cars, wind, solar and nuclear power - both ETFs and individual stocks and over the past 7 years these have all done very well.