What are the common pitfalls in impact investing?
An example of an AI chatbot conversation about common pitfalls in impact investing.
What are the common pitfalls in impact investing?
Common pitfalls include lack of clear goals, insufficient due diligence, and neglecting financial returns.
Can you elaborate on the lack of clear goals?
Certainly! Without clear goals, investors may struggle to measure impact and align their investments with their values.
What about due diligence? Why is it important?
Due diligence is crucial as it helps assess the viability and impact of an investment, reducing risks.
How can I avoid these pitfalls?
To avoid pitfalls, set clear objectives, conduct thorough research, and regularly review your investments.
Are there any resources you recommend for better understanding impact investing?
Yes, I recommend books like 'Impact Investing: Transforming How We Make Money While Making a Difference'.
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