4/24/23: 10% Return is Better than 8% -- But is 8% all that Bad?
See how settling for less plays out over your investing lifetime
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman · Ric Edelman
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Show Notes
A couple of weeks ago, I said that the biggest scam in investing today is ESG (environmental, social, governance), mutual funds and ETFs that invest with a filter so that they only invest in companies that pay attention to ESG values. I said that a lot of people have invested in ESG, and so that's pretty cool, right? You can align your investments with your values. But I also said that that's nothing but a sales pitch. Of the 120 funds that currently have a Triple-A rating for adhering to ESG, the company that awards those ratings is about to announce that they've been wrong.
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Links from today's show:
Another Black Eye for ESG in MSCI's Mass Downgrade
Tuesday Webinar: How Crypto is Really Going to Change the World
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