A good time to start

If I had a million dollars.....

I'd use it to help people who are doing things I believe in.

Like building solar power plants, designing greener homes, commercialising the green technologies that I've been reading about for years. I started the project of doing that a few years ago when I had some cash and took it to Ethical Investment Advisors to find a good place to stick it. Now I have a small amount of money invested with a bunch of anonymous companies who are trying to pick the winners on the stock market.

They're not doing so well.

But they still charge me high rates to do it. Recently I stumbled on the recently opened Climate advocacy trust, which invests in the ASX200 and acts as a shareholder activist to try to push issues of climate change into Australia's bigger companies. They charge me a bit more, but I'm glad they are doing something good with the money while I am tied up working.

I like the concept of Index funds -just accept the nominal returns of the market and reduce your costs to a minimum. It sounds reasonable and there are plenty of comments in the media about fund managers not beating the market. However, index funds generally miss the point of my aims, they focus on sectors or company size - I want to put my money in the green revolution, can I put my money in a green index?

That is the start of this blog...



PS. This is not a financial advice page - I am not qualified or certified to give any advice on any financial matter. I'm also not qualified to talk about renewable energy - everything you see here is my own personal opinion. I'd like to thank Divacultura that we live in a nanny state where such warnings are necessary and I'll give you my opinion that her blog is fun. It's here: divacultura