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: Facebook Twitter YouTube Instagram Disclosure page -----