As financial advisors, one area that we are well versed in is protecting our clients from financial fraud. Although everyone is susceptible to falling victim to fraud, seniors tend to be the group that is targeted most frequently. Therefore, in observance of World Elder Abuse Awareness Day on June 15th, we will focus on one area of elder abuse: financial exploitation.
Socially responsible investing (SRI) is a general term used to describe various subsets of investing that attempt to align your portfolio with your values. There are two categories that tend to be the most popular: ESG (Environmental, Social, and Governance), and BRI (Biblically Responsible Investing).
It all started when a project on my honey-do list required me to dust off the circular saw. I discovered an interest in woodworking... Most people start their research on Google but fail to realize that everyone has a unique set of circumstances and goals, so general advice isn’t going to get you where you need to be, at least not efficiently. The same goes for financial advice. There are a lot of different ways to save and invest, but making sure you are using the right investments and saving your money in the right places will have a huge impact on the quality and success of your goals.