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I would rather not just own shares in a company or mutual fund because these options don't appear to actually promote environmentally friendly companies. Is there some way to invest in venture capital firms that in turn invest in environmentally friendly companies?

2006-12-18 06:22:53 · 5 answers · asked by peter d 1 in Business & Finance Investing

I can't believe how many people don't actually read what my questions is. I'm getting a lot of responses about buying stocks in "green" companies (or alternatively mutual funds). I see how this might impact demand and thus raise the price of the stock, but beyond making more money for me i'm not sure how that helps the company itself (unless they decide to sell more stock at the inflated price, I guess?). First, answer my original question. Second, if not capable of doing that then at least have the courtesy to explain why stocks are the way to go. Yahoo Answers is nice in theory but you get a lot of people responding who don't know s**t. They should change it to Yahoo Guesses.

2006-12-18 13:47:55 · update #1

5 answers

You could buy used cars (8 cylinders) and resell them in Mexico and Canada.

2006-12-18 11:38:32 · answer #1 · answered by Anonymous · 0 1

I don't understand. You say you want to invest in venture capital firms that "invest in environmentally friendly companies", but you don't want to "just own shares in a company or mutual fund" because they don't "actually promote environmentally friendly companies."

So, buying stock in an environmentally friendly company isn't enough, you need to invest in a venture capital company that invests in environmentally friendly companies. So, if it is an old company it doesn't count, but if you are helping form a new company, then that matters?

I think you are too picky. Buy into a company because it is good and green, then write to the company management that you are buying into them because they are good and green. That ought to cover the bases as far as I can see. Sorry.

2006-12-18 08:22:28 · answer #2 · answered by Rabbit 7 · 1 0

Investing in 'green' companys or funds, does help these companies. It help to increase their stock price, so that other people will be interested in them as well.

To promote them even more, find out which companies the fund is investend in, and use their products.

As for a venture cap firm, unless you've got several hundred thousand to invest, they won't let you play.

2006-12-18 09:46:58 · answer #3 · answered by knihelpu 4 · 0 0

I disagree with you. I think when you buy shares in a pro-environment company you are supporting that company. Whenever I see someone asking for stock advice, I say buy Energy Conversion Devices, ENER, or buy Vestas Wind, VWSYF.pk. I own small startups like Tower Tech, TWRT.ob, that makes wind tower support structures.

Stay away from companies that are bad for the environment, like coal, and big oil, and utilities like TXU.

Here is a link on wind energy companies:

http://www.top10traders.com/ViewPost.aspx?postID=61

This link is from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors.

Good luck!

2006-12-18 06:53:57 · answer #4 · answered by Anonymous · 0 1

unquestionably in case you purchase shares you're expanding the call for and this suggests the fee will pass up and if adequate human beings such as you purchase shares then anyone else will purchase too. you could desire to purchase shares of various organizations each paycheck and in case you by no skill sell you could die a millionaire after which you will desire to tutor your babies to do an identical and your loved ones could be richer and richer each era and you could save the planet too. i'm a Portfolio supervisor and suited now we (some shoppers and myself) are shifting older automobiles out of the u . s . (1992-1997) to decrease pollution and likewise decrease oil intake. We purchase those automobiles on Ebay for some hundreds of greenbacks and resell them for some hundreds of greenbacks distant places and use the money to purchase greater used automobiles. We began with an quite small volume ($a million,000,000.00 USD) for the test and it seems we are earning income too. in case you desire to be responsive to greater only permit me be responsive to.

2016-12-18 15:31:29 · answer #5 · answered by hillis 4 · 0 0

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