News That Matters

Tag: responsibly

This app lets you invest responsibly so you can save the planet and make money

This app lets you invest responsibly so you can save the planet and make money

Finance
If you're interested in saving the planet while also making a profit, this app may be a good option for you. As impact investing, also known as socially responsible investing, becomes more popular, financial experts say millennials seem to be drawn to funds that support the humanitarian or environmental missions they believe in. And the easiest way to do that may be with the click of a button on a device they use daily — their smartphone. Some "socially conscious" portfolios use a set of 17 sustainable development goals as defined by the United Nations. The goals, according to the U.N., "address the global challenges we face,
Can you invest responsibly and make money, too?

Can you invest responsibly and make money, too?

Finance
How to invest in a volatile market While socially responsible investing is increasingly important to investors, they still care more about making a profit. According to a study from Merrill Edge, 88% of Americans say market performance is still the most important factor in their investing. The majority of people, 60%, say they'd be more likely to invest in a profitable company with values they disagree with over a struggling company that shares their values. And more than half of Americans, 57%, are more likely to invest in the most profitable company, regardless of its sector, rather than a company with a focus on environmental assets. But what if you could have both profits and impact? Funds that specifically select companies that make a positive environmental, gov...