Personal Finance
Go Green and See More Greenbacks
By Jeflin  •  May 1, 2009
[caption id="attachment_2367" align="alignright" width="150" caption="Phot by theritters"]Phot by theritters[/caption] It is now literally and figuratively true – the color of money is in deed green in every sense of the word. People all over the world are waking up to the fact that now is the time to do all we can to save the environment, that it’s cool to be going green today, and that we can gain a lot personally (financially and emotionally) by initiating eco-friendly measures. Some aspects of being environmentally conscious are quite expensive, like buying organic food and building green homes. But there are others that are both cost-effective and cost-saving, like: • Cutting back on electricity usage: It’s pretty easy to cut back on electricity – all you need to do is set your thermostat a couple of degrees lower or higher, use compact florescent lamps, and switch off appliances when they’re not in use. You could also invest in buying Energy Star rated gadgets and appliances that save you power in the long run. Use solar power as much as you can. • Recycling, repairing and reusing: You can make a little bit of money by recycling paper, aluminum cans and bottles and save on expenses by repairing and reusing your old stuff. Buying new products leaves a large carbon footprint because of all the energy expended in making the product, transporting it, and using it. When you’re not inclined to buy new gadgets at the drop of a hat, you’re more likely to take better care of what you do own and prolong its life in the process. Read more...
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By Jeflin
In Jeflin's blog, you will read about his thoughts about the stock and property market. I am not a financial analyst but I have been a retail investor in the local stock market for years. Currently, I am invested in several blue-chips, like SIA, SembMarine and UOB. These stocks have performed well for me and provided attractive yields over the years. I believe in long term investments, especially amid the uncertain economic climate.
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