Very few of us, looking back at the big picture for 2020, would likely say, “it was a good year.” And yet, especially for certain investment sectors, 2020 was, in fact, a record year. One of the sectors that had tremendous growth in 2020 was the sustainable investing sector.
Most investors are familiar with the phrase, “Past performance is no guarantee of future results.” A new study by researchers Corey Hoffstein, Nathan Faber, and Steven Braun provides interesting data supporting the often-used terminology.
There’s an often-quoted maxim regarding inherited wealth: “The first generation makes it; the second generation builds it; the third generation blows it.” Indeed, uncertainties around the next generation’s ability to exercise wise stewardship of family wealth have led to the drafting of many a trust document, many clauses in wills, and much misgiving in those who created
As in every year, the last weeks of 2019 saw a host of predictions and prognostications for the coming year. Many market pundits—including analysts for several major financial firms—were predicting a low likelihood of recession for 2020, worldwide economic expansion, a lackluster future for tech stocks, and other assorted notions.