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Podcast: THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
Episode: 4/24/23: 10% Return is Better than 8% -- But is 8% all that Bad?
Description: 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...