The news media, in its coverage of the Congressional debate over raising the debt ceiling, has alarmed its readers and viewers with terms like “government default” and “global financial crisis.” But if there is a government shutdown looming in our future, what is the most likely outcome for investors? First, there is no question that [...]
Recently started a new job or considering a career change? You may be wondering what this means for your retirement savings under your current employer’s plan. Or maybe it hasn’t crossed your mind. If that’s the case, then here is a sign that you should at least consider the alternatives before deciding to do nothing with [...]
Will Social Security Go Bust? You may have read that the Social Security Trust Fund depletion is projected to occur in 2033, a year earlier than previous projections. This sounds alarming, except for several caveats. First, the projected date of the trust fund depletion has been in the 2035 range for the past decade, so [...]
In light of recent social and environmental movements that have occurred since the start of 2020, ESG investing has seen an exponential increase in popularity. More and more people are fighting for causes like climate change, social justice, and equal pay as shortcomings and unjust practices of many companies and systems are coming to light. [...]
Some individuals believe that return on investment shouldn’t be the only criterion for how they invest their money. For them, the social impact of investing is just as important – perhaps more important. The history of socially responsible investing stretches as far back as the mid-18th century, but its more modern form began taking shape [...]
Many investors are looking to build a portfolio that reflects their socially responsible values while giving them the potential for solid returns. That’s where SRI Investing, Impact Investing, and ESG Investing may play a role. In the past, some investors regarded these investment strategies as too restrictive. But over time, improved evaluative data and competitive [...]
Interest in making an impact with one’s investments has grown in recent years, which means many investors may have an increased interest in environmentally or socially focused investments as well. In fact, impact investments account for $502 billion of managed investments worldwide, with 58% held in North America. 1 What are Impact Investments? Impact investments [...]
The 4 Routes of Money When it comes to managing money, one generally has four options: save, spend, donate, or invest. These may not seem like a lot of options; however, a majority of people are only spending their money or have no idea how to start implementing the other three choices. People are not [...]
Having a good credit score benefits you in more ways than you may know. If your score isn’t where you want it to be, there are many incentives to making efforts to improve your credit score. Unfortunately, having a bad credit score doesn’t just mean you’ll pay higher interest rates on your next loan. It [...]
Every year since 1975, the Social Security Administration has automatically adjusted its benefit payments upward to account for inflation; the goal is for the payments to keep pace with the cost of living that recipients are experiencing. For the past decade, these inflation adjustments have been pretty modest, as you can see in the chart. [...]
