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Reported by: Rob Collins Thursday, Aug 28, 2008 @10:24am CDT There's a brand new type of investor in America. They're called green investors and their ranks are swelling. These are people who want to invest in the environment as well as wall street.
Most poepl who support a "green" lifestyle do so by supporting efforts like recycling or conserving energy. But there are those who want to put their money where their mouths are. They want to invest in companies that operate in an enviornmentally friendly manner. Those companies are growing in number. Stock brokers like Chris Dimattio say the number of "green Investors" is growing too. "Could you make a quick dollar on them? Certainly, stranger things have happened. But anytime you're considering investing in a 'green portfolios' you know, talk to your financial advisor about it and keep within your asset allocation mix." "Green Wash is actually defined as a company that spends money on marketing themselves as a green company rather than spending money and research on making sure their materials and their company and policies are truly green." Her advice: deal with a professional broker. |