I am not a professional financial advisor, and therefore can give only my personal opinion as to who should become involved in transformative investing.

Pages in this website list firms that offer transformative funds, both stock funds and bond funds.  In principle, nonprofit organizations could switch their investments to such firms, with no tax penalty for this selling and purchasing.  Also, individuals with tax-sheltered investments, such as IRAs or Roth IRAs, could roll these investments over into new IRAs or Roth IRAs containing stock funds that practice shareholder advocacy or bond funds that focus on specific environmental improvement.  There would normally be no tax consequences in such rollovers.

However, there are cautionary factors to consider, and some investors might feel forced to invest based primarily on factors other than effects on the environment.  Examples of such investors are:

• a struggling charitable organization that needs its investments to generate current income,
• an aging individual who expects to rely on an IRA during a lean retirement,
• a young person saving for anticipated costs of education or first-time home ownership.

In my opinion, such people should choose investments first to meet their own needs, not to support advocacy for the environment.  But for those who can easily afford to support environmental activism, I am writing to explain how they can join forces with like-minded investors to do it.