Trending Today – GOING GREEN – Gospel or Gimmick?
February 15, 2019
Whether you endorse it or mock it, whether you believe it is an ambitious social plan to implement new and critical greenhouse gas-reducing, zero-emission energy policy, or an idealistic and intrusive utopian manifesto, you must acknowledge that the Green New Deal (GND) has not only been a controversial lightning rod, but also a perfect microcosm of partisan politics.
Understanding Alexandria Ocasio-Cortez (AOC) and Ed Markey’s new resolution is not legally binding proposed legislation, rather, simply a declaration of aspirations and goals, it has captured the attention of Americans throughout our great country. And whether you agree or disagree with parts or all of it, the GND further advances the idea that environmental policy and economic policy are inextricably linked, and represents another chapter in the ongoing fight about our future as a nation.
An investment-specific tangent to the publicity generated by the Green New Deal has been the increased attention given to responsible investing (also known as socially responsible investing -SRI – or environmental, social, and governance – ESG – investing) by both institutional and retail investors. According to the Forum for Sustainable and Responsible Investment, more than one out of every four dollars under professional management in the United States (more than $12 trillion) was invested according to SRI strategies.
At Towerpoint Wealth, we fully recognize that many of our clients have an interest in ensuring that their portfolio parallels and is reflective of their personal values, and we have embraced this important theme within our overall wealth management philosophy Read more HERE. Recently, we tasked our Investment Committee with the directive of developing a model responsible investment portfolio, and in the interests of making the subject a little easier to understand, we also penned a thorough white paper on the subject.
Towerpoint Wealth, we had a quorum yesterday, which led to a productive brainstorming session about improving our client service standards and outlining key client educational and marketing initiatives for 2019. We truly feel blessed and fortunate at the myriad of skills, capabilities, talents, and personality each member of the TPW team brings to the table, ALL in the interests of serving our clients and helping them achieve, and then maintain, their complete financial independence.
The world is a very complicated place, and we encourage you to call (916-405-9140), email (info@towerpointwealth.com), or Tweet (@twrpointwealth) with any concerns, questions, or needs you have. We continue to be here for you, and look forward to connecting with, helping, and being a direct, fully independent, and objective expert financial resource for you.
