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Green investing with low monthly input

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Comments

  • agrinnall wrote: »
    Well, good luck to you, I'm afraid you sound a bit smug and humourless but do feel free to come back in 25 years to have the last laugh and tell us how your £6,000 investment (£20 pm x 300 months) has turned into a vast fortune and saved the planet at the same time.

    Sorry, I did get a bit annoyed at the patronising statement that I was "confused" and didn't know what I want - I have no idea what I did to deserve that! Didn't mean to catch you in the crossfire. Obviously I'm intending to invest more as my income rises and my debt levels go down.

    I'm overpaying on my student loans because they have a 6.25% interest rate.
    Since March 2012:
    Paid off: $3,985.80
    Owe: $16,230.44

    I attempt to clear all my debts by my 30th birthday at frugalcitygirl.com!
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    I used to hold the Impax Environment Leaders fund as it invested in Renewable Energy, Water, and Waste. That fund closed but Impax got the mandate to run the Skandia Ethical Fund with the same objective, so I switched to that.

    Was doing well, but its fallen more than most in the past month.
  • Jegersmart
    Jegersmart Posts: 1,158 Forumite
    Kerrypolka wrote: »
    I'm not confused, I know exactly what I want. I'm an economic analyst so I have a fairly good idea of how things are standing generally - I think it's you who are a bit confused between "green" and "ethical". I am in favour of ethical investment generally, of course, because I'm a human being, but specifically I think green technology will pay off in the long term, and I'd like to start bankrolling it now. However, I'm currently focusing on paying off student loans and don't have massive amounts of disposable income. I don't care about losing a bit in the short term as I'll be laughing in 25 years (along with, hopefully, the rest of the planet).

    Apologies for my confusion - it seems I have caused offence. Good luck with your investment.
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