The Mind Money Spectrum Podcast

#116. Is Socially Responsible Investing worth it? Here's why not.

August 16, 2022 Aaron Agte and Trishul Patel Season 3 Episode 12
The Mind Money Spectrum Podcast
#116. Is Socially Responsible Investing worth it? Here's why not.
Show Notes

Is ESG investing worth extra fees and opportunity cost? There may be better ways to spend your money.

In this episode, Aaron and Trishul discuss Socially Responsible Investing and ESG investing. Environmental, Social, Governance investing. They discuss the theories around how and why you you would invest in companies with objectives other than pure profit maximization. Trishul argues that if there was any additional ourperformance to be had, the efficient market would already have priced that in. Aaron uses an analogy of female led companies to argue that there may be some bias against non-traditional invesment strategies. But in the end, they both agree that lower investment fees is the way to go.

Women Led Startups received 2.3% of VC Funding
Female Entrenpreneurs Funded by Female VCs
ESGV - Vanguard ESG US Stock ETF
Companies with female leaders outperform those dominated by men
ESG ETFs
What is ESG investing?
Forbes: ESG Investing
Nerdwallet: ESG Investing
Robo-Advisors Socially Responsible Investing
ESG Investing intro
ESG ETF Reports

Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.