In the Press

What’s your plan?

By Scott Gordon-Macey, CFP®, CHFC®, CLU®, CASL®, MBA

Many people go through life like a leaf in the wind. They are reactive versus proactive, often letting others dictate their future and happiness.

When it comes to managing your money, proper planning is important. It’s also important to know the difference between a financial advisor and a financial planner.

Having assisted people in gaining clarity in their overall financial goals and challenges for the past 18-plus years, I have seen how flexible planning helps people keep their boat on the charted course, while also course correcting when needed. Clients who work with a financial advisor should be checking in with them at least once a year at a minimum.  If one engages a financial planner, it is typically more frequent, given the amount of planning and moving parts; it is a process and not an event.

Do you have a green thumb?

By Scott Gordon-Macey, CFP®, CHFC®, CLU®, CASL®, MBA

A question that often comes up, is what sustainable investing is and how can I start.

Sustainable investing, or Green Investing, is making the conscious decision to invest in stocks or mutual funds that support socially conscious companies. Sometimes this is referred to as ESG (Environmental, Social, and Governance) investing.  Often these limit the scope of industries and exclude certain sectors of our economy. An example would be stocks invested in alcohol, tobacco, and firearms.  In addition, these socially conscious funds, invest in new technology or industries that improve the quality of life in many ways:

  • Environmentally friendly production methods
  • Recycling of waste products to fertilizer
  • Recycling methods for clothing, cardboard, plastic, etc.

Environmentally friendly waste from consumer goods would be an example. Whether it is the manufacturing of clothing, or the dissemination of waste to enrich the earth, more people are looking for those options in their investing portfolio.