Sign up to save your podcasts
Or
Share 4/24/23: 10% Return is Better than 8% -- But is 8% all that Bad?
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
4/24/23: 10% Return is Better than 8% -- But is 8% all that Bad?
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.
-----
Links from today's show:
4/12 podcast episode
Another Black Eye for ESG in MSCI's Mass Downgrade
Tuesday Webinar: How Crypto is Really Going to Change the World
Brought to you by:
Global X ETFs
Invesco QQQ
Schwab
-----
Subscribe to podcast updates
The Truth About Your Future website
The Truth About Crypto
Have a question for Ric?
Follow Ric on social media:
YouTube
Disclosure page
-----
View all episodes
By Ric Edelman
3.2
380380 ratings
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.
-----
Links from today's show:
4/12 podcast episode
Another Black Eye for ESG in MSCI's Mass Downgrade
Tuesday Webinar: How Crypto is Really Going to Change the World
Brought to you by:
Global X ETFs
Invesco QQQ
Schwab
-----
Subscribe to podcast updates
The Truth About Your Future website
The Truth About Crypto
Have a question for Ric?
Follow Ric on social media:
YouTube
Disclosure page
-----
More shows like THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
View all
The Clark Howard Podcast
5,404 Listeners
Your Money, Your Wealth
777 Listeners
Jill on Money with Jill Schlesinger
1,923 Listeners
The Stacking Benjamins Show
1,982 Listeners
The Retirement and IRA Show
737 Listeners
Talking Real Money - Investing Talk
733 Listeners
Retirement Answer Man
1,289 Listeners
Retire Sooner with Wes Moss
438 Listeners
Retirement Starts Today
506 Listeners
Big Picture Retirement®
522 Listeners
Stay Wealthy Retirement Podcast
670 Listeners
The Long View
881 Listeners
Ready For Retirement
792 Listeners
Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)
37 Listeners
Retirement Planning Education, with Andy Panko
745 Listeners