Investing in going green can earn you money if you make the right investments. And when times are tough, as they are now, and when interest rates on your savings are less than 1%, most people are happy for even mid-single-digit percentage returns. But I know a green investment that can do much better and it carries with it almost no chance of loss.
I am going to tell you how you can make an easy, practically risk-free investment that will earn 10 times your money. This is not a tip for a hot stock, and it is not risky or shady in the slightest. In fact, this tip is as close to 100% certain to earn you money as anything I know of. And this is an investment that is completely under your control. You will not pay brokerage fees or commissions to anyone (okay, you will have to pay some sales tax). Here it is: Buy compact fluorescent lights.
As a green home improvement and an investment in yourself, compact fluorescent lights (CFLs) are nearly a sure thing. CFLs use only one-quarter as much electricity as a comparable incandescent light. Another benefit is their longevity. CFLs last about 10 times longer than the older, standard light bulbs. As technology has improved and volumes of production have gone up, you can now buy a CFL bulb for about the same price as a standard incandescent light bulb. And CFLs generate less heat than incandescent lights, so using them will reduce your cooling costs in the summer. Even better is that some newer versions of CFLs now work with dimmer switches. Continue reading “Going Green and Earning Money: An Easy and Safe Green Investment That Will Earn 10 Times Your Money”Read More