Hey there. My name is Bob Haegele and I'm an expert at frugal living and saving money. I’m also an EV enthusiast and have recently become mostly-vegetarian. Another thing I started doing recently? Dog walking. I’m working toward financial independence making money via my own ventures. Interested in starting a blog of your own? Check out my post on starting a blog.
This Post Has 5 Comments
Loving this niche! 🙂 You, MsZiYou and Frugasaurus really have me thinking about actually spending some time on my investment strategy so I can do this at least to some degree. Put my money where my mouth is, so to speak.
Agreed! For now I’m just continuing my monthly donations but I think it’s important to vote with your wallet one way or another.
Love this topic. It’s an interesting balance between selfish investment and trying to be a good global citizen. Our strategy typically revolves around very long term holdings and looking at dividend returns as well as stock performance. Some of the family portfolio was actually inherited from previous generations and it contains a few non-ESG stocks list that pay out more in dividends annually than the stock was originally purchased for. Comparing Microsoft to Exxon Mobil actually favors Exxon if looking at dividends only. However, we’ve been keeping an eye on some of the eco-friendly companies for investment also, and some other ESG companies seem to be paying strong dividends too.
That’s great Emma! In reality, our economy was built on a foundation that definitely didn’t have sustainability in mind. But as that becomes increasingly important, we need to be more aware of these things and make changes to account for them.
Hey Bob, I like the article! You hit on some really good points. I wrote an “ultimate guide” to ESG investing a while back. Feel free to check it out if you’re interested at http://www.greatergoodfinancial.com/esginvesting (not intended to be a plug 🙂
I would urge you to hop off the fence and invest where your heart is. I don’t believe you’ll sacrifice any performance and I actually believe there are performance benefits to investing responsibly.
I do this for a living so I’m happy to be a resource for you if you ever need it… Keep up the good work.