In ironic twist, Mother Earth should thank the 'Trump effect' for the rise in impact investing

Donald Trump’s surprising ascent to president of the United States has brought many unexpected effects to the financial markets. Ironically, one has been a rapid increase in interest and adoption of impact investing and other types of values-based investing. Impact investing, or values-based investing, is a type of investing that helps people and/or organizations align […]

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This homeowner avoided 'energy-guzzlers' for more efficient options and it's paying off

“It actually generates more electricity, more energy overall, than it uses,” Sullivan said. “And it charges our electric car.” And that’s quite an accomplishment. Saving energy isn’t just good for the planet, it’s good for your wallet, as well. But energy guzzlers, such as the cooling and heating systems in your home, can costs hundreds […]

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What exactly is a Roth IRA — and why should you have one?

When investors are deciding where to stash their cash for retirement, there are several options. Americans rely more and more on saving in their employer-sponsored 401(k) plans — which are heavily funded by tax-deferred salary deferrals from the employee and tax-deferred employer matching contributions. Once employment ends, these 401(k) plan accounts are often rolled over […]

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The 'Trump effect' is slowing climate change progress, but investors are fighting back and winning

President Donald Trump loves climate-wrecking coal and hates the climate-saving Paris Agreement. Meanwhile, forward-looking impact investors hate the problems of burning coal and its financial downside – and love portfolios of companies and funds pursuing climate solutions, which can have stronger returns. This love-hate split has motivated investors – and eco-focused ESG investment funds — […]

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Health-care costs for retirees climb to $285,000

Fidelity’s analysis, which assumes the two theoretical people are eligible for Medicare, includes premiums, copays and other cost-sharing expenses, along with prescription-drug costs. And, it’s just a starting point. Things that are not covered by Medicare — dental, basic vision, over-the-counter medicines, long-term care — would be on top of that $285,000 estimate. The biggest […]

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From SRI to ESG, values-aligned investing has many names. Let's decode the lingo

Values-aligned investing is called by many different names, which are commonly misused or misunderstood by investors. Let me decode the lingo, because a shared understanding of the terminology makes this type of investing more accessible to advisors and investors alike. Please note that there are no universally agreed upon definitions among professionals, and everyone uses […]

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Some in GOP buck Trump, seek ways to fight climate change and Green New Deal

Republicans have trashed the Green New Deal — Rep. Alexandria Ocasio-Cortez’s proposal to eliminate greenhouse gas emissions and create a renewable energy economy — as unrealistic, unaffordable and ill-conceived. But ever since the New York Democrat began promoting the idea late last year, a growing number of House GOP lawmakers have been increasingly willing to […]

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Here are the 10 cities where seniors are most prepared for retirement's financial realities

Online personal finance portal SmartAsset and its SmartAdvisor Match service surveyed and compiled a list of the U.S.cities where seniors are most prepared for retirement. The company noted that Northwestern Mutual has found more than a fifth of Americans, overall, have nothing saved for their retirement, and that government analyses show that those families that […]

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Target-date funds are getting more personal

“These consider additional factors about participants and have a more personalized portfolio for each person,” said David Blanchett, head of retirement research for Morningstar Investment Management. Target-date funds, which automatically shift from aggressive to conservative investments as investors move closer to retirement, held about $1.1 trillion in assets at the end of 2018, up from […]

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