Is ESG investing the right solution for the problems we’re experiencing globally? And is it possible that this “solution” can cause adverse effects?In our ESG series, we’ve covered the cost of ESG investing – now we’re looking at the potential benefits and results.We’re also looking at real-world examples of how companies are being evaluated and compared – what makes one company “Brown” and another company “Green”? Is it a fair comparison? And what’s the trickle-down effect on the consumer?While the concept of ESG investing seems like a no-brainer that everyone should be on board with, it’s important to know all the facts – something that your advisor might help you with.LFS - 6023955-101623SOURCES:Are E.S.G. Investors Actually Helping the Environment?Counterproductive Sustainable Investing: The Impact Elasticity of Brown and Green FirmsThe ESG-Innovation Disconnect: Evidence from Green PatentingFOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!LinkedInFacebookFor more information about Principles of Financial Planning, including disclosures, CLICK HERE.
Nov 1, 2023
18 min
In our first episode on ESG Investing, we took a look at what it is and the complications that can be involved.Now we're looking at ESG investments and things to take into consideration should we choose to move forward with this type of strategy. We will have a special focus on greenwashing and the potential impact on fees that might be involved. We're also looking at some of the risks involved.Bottom line: When it comes to investing, it pays to do your research and/or work with a professional who can help you make informed decisions.LFS - 6023950-101623Mutual funds and exchange traded funds are offered by prospectus only. Investors should carefully consider investment objectives, risks, charges, and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial advisor.Articles referenced in this podcast:ESG investing today is somewhere between a joke and a scam. We need to act, fastStop the ESG NonsenseMorningstar Finds ESG Funds Are More Expensive Than Conventional FundsFOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!LinkedInFacebookFor more information about Principles of Financial Planning, including disclosures, CLICK HERE.
Oct 1, 2023
23 min
ESG Investing: What is it? How effective is it REALLY? We’re putting ESG Investing under the microscope without venturing into politics – yes, that IS possible!While it might seem that ESG Investing is pretty cut and dry – they’re not polluting the planet so I should invest in them – that’s actually not the case. Currently, there are over 140 firms in the US alone that have different scoring systems for evaluating ESG investment opportunities. So, how can that be anything but subjective?Could ESG Investing be the right option for you? Maybe. But like anything to do with your finances...let's get all the information we need before moving forward.Articles Referenced in Discussion:Biden administration loosens Trump-era investing rules around environment, social and governance funds for 401(k) plansWall Street wants to end Trump-era ESG fund rule for 401(k) plansLFS-5910445-082823FOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!LinkedInFacebookFor more information about Principles of Financial Planning, including disclosures, CLICK HERE.
Sep 1, 2023
27 min
Technology brings wonderful benefits…and some drawbacks. Today we’re looking at the tasks that machines can complete and where human reason and thought puts information into context.Artificial intelligence (AI) is all over the news today. While you might think that technology is fully automated, we’re looking at how humans still have their hand in AI.Why is this important? Before you consider working with a robo-advisor…listen to this podcast. You can also access the blogs about this topic here:Robo-Advisors: What Service Are They REALLY Providing?When it Comes to Robo-Advisors...Who's REALLY Pulling the Strings?FOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!LinkedInFacebookFor more information about Principles of Financial Planning, including disclosures, CLICK HERE.
Aug 1, 2023
18 min
How quickly could you tell me the impact of these purchases on your finances:· A $10m mansion at the beach?· A cup of Starbucks coffee?· A home improvement or new car?People tend to freeze on that third question because we don’t know how resilient our finances are.We’re discussing how planning involves measuring, defining the problem, and finding solutions. This involves something that many people aren’t comfortable with: being vulnerable.At Principles of Financial Planning, we use what’s called a Slack Evaluation to help our clients understand how resilient their finances are. CLICK HERE to find out more about that service.LFS-5817727-071823FOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!LinkedInFacebookFor more information about Principles of Financial Planning, including disclosures, CLICK HERE.
Jul 1, 2023
20 min
In our last podcast, we discussed how uncertainty and chance can affect our financial planning. Now, let's talk about how the conditions around our circumstances can also play a significant part.We know where we want to be when it comes to retirement...but how do we get there? Something to consider is the 6 Principles of Financial Planning outlined by yours truly in this podcast!LFS-5699827-052323 FOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!LinkedInFacebookFor more information about Principles of Financial Planning, including disclosures, CLICK HERE.
Jun 2, 2023
35 min
Have you ever wondered how much of financial planning we can control...and how much is left to chance?Principles of Financial Planning Advisor Matt McCoy, CFP®, CRPC®, AWMA® digs into control as it relates to your finances, discussing one key question: Do we really HAVE control?In this podcast, we look at chance, conditions, and how experience influences our financial choices. Many things can affect our financial planning, and it's essential to understand how each element interacts with the other.Ready to tame the financial chaos in your life? Let's get started.LFS-5667312-050323 FOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!LinkedInFacebookFor more information about Principles of Financial Planning, including disclosures, CLICK HERE.
May 17, 2023
39 min