Reduce, reuse, recycle: A theme for investors?

On April 22, we observe Earth Day. Like many people, you might participate in some activities to help the health of our planet. But you can also do some things to improve your personal investment environment.

In fact, you might want to follow a key environmental theme: reduce, reuse, recycle. How can these elements be applied to investing? Here are some ideas:

• Reduce — You don’t want to waste time, effort and money on investment decisions that will ultimately not benefit you much, if at all. For example, if you are constantly buying and selling investments, you may be hurting yourself in a f...