“Money is a tool to create the things that we want. It is a proxy for security, health, and welfare for our families and loved ones. When we lose that holistic thinking about what wealth is, then our money winds up working at a very singular purpose to create more pieces of paper as opposed to create greater human and environmental welfare.” – Morgan Simon
When we put our money in a bank (or a mutual fund, pension plan, endowment, etc.) it doesn’t just sit there, it is put to use. It is invested in the economy, and it has power. But have you ever stopped to wonder what your money is being invested in? Is it supporting the causes and communities you care about? Or is it being used to further the cause of individuals, organizations, or governments that you disagree with.
It is time to recognize that we are all investors, and that it is up to us to make sure we are adding more value than we extract and that the risk and returns are balanced between our investments and the communities.