In today’s world, there is no longer just one way to earn money. Although the rise of the hustle culture has embedded a way of life that involves relentlessly and continuously working hard, it isn’t the only way to generate a secure income.
Investing has helped countless Australians to buy their first house, provide for their children or grandchildren, and secure their dream retirement.
By making suitable investments, you can achieve your long-term financial goals—and perhaps, even exceed them!
The Benefits of Investing
Smart and strategic investments can help you build your wealth.
Working hard is another way to do this. But by keeping your savings in a low-interest bank account, you’re not allowing your money to grow quickly. Plus, taking into account inflation means your money may even go down in value spending on the economic market.
Through investing, you can stay ahead of inflation and avoid losing unnecessary money over time. In addition, making your money work for you will help you generate enough money for retirement—or early retirement if that’s your goal.
There are many benefits to investing that can’t be covered in just a few paragraphs. Still, the bottom line is that if you want to create financial stability, increase your wealth, and have a comfortable life after retirement, a tailored investing plan can help you get there.
Ethical and Sustainable Investing: An Essential Investment Factor to Consider
In the world we live in today, people are consistently finding ways to be more sustainable and ethical – whether that means shopping at local businesses, eating less meat, or boycotting unethical corporations.
Another way to make a significant, positive impact on our society and planet is through responsible investments. Responsible investment is an umbrella term to describe an investment process that takes environmental, social, governance (ESG), or ethical investment considerations into account.
In previous years, many investors have had to sacrifice their investment returns for their values.
But today, it seems that more Australians are investing in managed funds that are sustainably focused or companies that align with their values.
With the rising popularity of ethical investing and the ever-increasing range of options, investors can now enjoy competitive returns with sustainable solutions.
Ethical Investments in Today’s Society
The Black Lives Matter movement and the Australian bushfire crisis pushed systemic racism, social injustice, and climate change onto the centre stage, opening widespread discussions on ethics and sustainability in different circles, including investors.
Since investors have the power to direct funds where they’re needed, more investors have become inclined to find out where their money is invested and whether those investments are aligned to their morals.
Ethical investments aren’t just a way to clear you of guilt—it also helps companies gain access to capital to fund their corporate social responsibility (CSR) programs.
By investing your money in the right places, you can contribute to the betterment of society and enjoy the investment returns you deserve.
Need Ethical Investment Advice?
Ethical investments have changed the game.
With more Australians allocating capital towards organisations with practices and values that align with theirs, healthier products and services will enter our market, and companies with ethical business practices will be able to thrive!
Are you looking to change the way your portfolio is invested or start an ethical investment portfolio?
Novo Wealth can help. In fact, that is our area of specialty. We help people who want secure, ethical plans for their finances.
We are extremely experienced and dedicated to helping executive retirees, professional women, and business owners who feel compelled to invest responsibly.
I believe that it matters where you put your money and if you make responsible choices, I truly believe that together, we can save the world.
If you want to invest according to your values, we can offer you ethical investment advice so that you can do good, feel good, and build your wealth at the same time. Book a complimentary meeting today!