08 Mar Three Ways Impact Investors Incorporate Self
Gino Dante Borges, founder of Making Money More was featured in Forbes for his thoughts on impact investing and incorporating the self. Read on to find out his journey from conventional investing to impact investing.
When Investing Is More: Three Ways Impact Investors Incorporate Self
Read original article | Forbes
My personal journey intertwines with my investment journey. When I was starting out in the field as a representative for a large financial company, I found myself bored at a desk investing in and promoting mutual funds I knew nothing about. I wanted something more — I wanted to know where my money was going and what my money was doing. Investing, to me, was more than financial returns — it went beyond the measurable. With this principle in mind, I transitioned from conventional investing to impact investing. While impact investing may be glanced over by some as a trending topic, it holds value beyond numbers on a spreadsheet.
As an impact investor, I seek alignment between my investments and personal values. It’s important to me that my money is doing more than growing but that it is benefiting the whole. Today, I invest in multifamily real estate with the purpose of creating community through urban gardens, green education, recycling programs and resident-led classes and events. I find purpose in helping individuals positively come together through my investments and work.
My colleagues and fellow impact investors mirror this desire and drive: We hold a variety of similar personality traits or principles focused on how to connect why we invest in a fund or project with outcomes beyond financial gain. What impact our investments are having through social or environmental indicators is what motivates investment decisions. In discovering who I am through the impact investor lens and who other impact investors are, I tend to see three common traits:
1. Integration Of Inner Work Into Investment Decisions
To be sound in your investment decisions, impact investors incorporate their personal values into what they support financially. Living authentically is as important to an impact investor as the larger significance their investments may be having. Impact investors live each day to do good in the world. Whether supporting clean water efforts in third world countries or organic farming in one’s community, personal values drive investment decisions for impact investors.
2. Desire To Participate In Personal And Direct Deals
Impact investors tend to seek one-on-one relationships with those they are investing with as opposed to blindly investing money with a large corporate firm. Fostering relationships builds trust and essentially more success for the investor and investee. Impact investors are typically not just “investors” — they are friends and colleagues who share ideas and collaborate with one another to benefit the bigger whole.
3. Sense Of Stewardship In Social And Environmental Causes
Impact investors care about the bigger picture. They care that their money is funding causes and projects that positively benefit the universe and their personal values. Through their investments, they feel a sense of pride, knowing their money is supporting the success of what they consider impactful. They are concerned with the overarching positive impact their money is having on something tangible: a child, a community or an environmental purpose, for example. Impact investing affords the opportunity to connect with these positive outcomes, creating a larger sense of success and purpose.G
Forbes Finance Council is an invitation-only organization for executives in successful accounting, financial planning and wealth management firms.
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