Financial Decoder
91 episodes - English - Latest episode: about 1 month ago - ★★★★★ - 274 ratingsCognitive and emotional biases can have a big impact on your financial life. Each episode of Financial Decoder looks closely at one financial decision--and the biases that might cloud your judgment and cost you money. Host Mark Riepe, head of the Schwab Center for Financial Research, decodes the behavioral and psychological factors at play and shares strategies designed to improve the way you approach financial crossroads. Other experts join Mark to provide their unique perspective on behavioral economics, portfolio management, retirement planning, personal finance and more.
Podcasts are for informational purposes only. This channel is not monitored by Charles Schwab. Please visit schwab.com/contactus for contact options.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
Do Investing Pros Make Smart Buy and Sell Decisions?
March 18, 2024 07:00 - 19 minutes - 13.5 MBSuccessful investors know that choosing what to sell is just as important as choosing what to buy. However, findings from a recent study suggest that even professional portfolio managers are subject to psychological forces while making buying and selling decisions. On this episode, Mark Riepe discusses these recent findings with Alex Imas, professor of behavioral science and economics at the University of Chicago Booth School of Business and co-author of the study "Selling Fast and Buying ...
How Can You Save for College?
March 04, 2024 08:00 - 39 minutes - 27.3 MBFiguring out how to cover college expenses often means navigating a bewildering range of options, programs, and plans. As the financial burden of higher education grows, so does the decision-making complexity for those pursuing a degree. Some even wonder whether college is still a worthwhile investment. On this episode of Financial Decoder, Mark Riepe discusses the variables around saving and paying for college with Senior Research Analyst Chris Kawashima. Read Chris Kawashima’s article "8...
What Should You Do with Your Employee Stock?
February 19, 2024 08:05 - 27 minutes - 19 MBNot all compensation takes the form of a cash salary or bonus. Today, many startups and most of the companies on the Fortune 500 list allow their employees to take ownership in the company through stock awards, employee stock purchase plans, stock options, or some other form of equity compensation. Despite this boom of employee ownership offerings, employee education and familiarity around these offerings appears to be falling behind. On this episode of Financial Decoder, host Mark Riepe is...
(Bonus) Do Super Bowl Wins Diminish in Value?
February 10, 2024 00:19 - 6 minutes - 6.23 MBThe Kansas City Chiefs won last year's Super Bowl (LVII) and another just a few years before in 2020. The San Francisco 49ers last won a championship in 1995. In this short bonus episode, Mark Riepe shares his insights on how a concept from 18th-century mathematician Daniel Bernoulli might speak to our perceptions of utility, or emotional benefit, even regarding a team's preparation for a championship game. Financial Decoder is an original podcast from Charles Schwab. For more on the series...
Should You Trust Popular Trading Proverbs?
February 05, 2024 08:05 - 39 minutes - 26.9 MBSometimes an oft-repeated axiom, maxim, or cliché has at least a small piece of truth to it. Others make sense and are true in some situations, but not others. The world of finance and investing is no exception to the coining of popular axioms and the misconceptions that can go along with them—especially when it comes to trading stocks. Traders are well-supplied with frequently repeated sayings that speak to perceived data patterns. And they must work to gut-check choices plagued by their ...
Should You Roll Over Your Retirement Account?
December 18, 2023 09:00 - 29 minutes - 26.7 MBA job change is a big change, and it's one of those changes happening to people with greater frequency for a variety of reasons. For many of these job seekers and switchers, past and future employers offer some kind of retirement savings plan, meaning these job transitions come with decisions to make around retirement planning for those investing in them. Do you leave your 401(k) where it is? Roll it over to a new one? Open a new account and put the money in there? What are your other optio...
(Bonus) From On Investing: Market Outlook: What's in Store for 2024?
December 11, 2023 08:00 - 1 hour - 59.6 MBAfter a tumultuous year for the markets, what's in store for 2024? In this year-end episode, Schwab experts look ahead to consider what investors might expect from the markets in the new year. First, Liz Ann Sonders, Schwab's chief investment strategist, speaks with Senior Investment Strategist Kevin Gordon. Liz Ann offers her perspective on the direction of the U.S. economy and stock market. She and Kevin discuss inflation, interest rates, company earnings, and the job market, among other ...
How Does Retirement Planning Differ for Freelancers?
November 27, 2023 09:00 - 33 minutes - 30.7 MBWith over 70 million freelancers in the U.S., freelancing obviously appeals to a lot of workers and offers a lot of benefits to those who wish to work for themselves. However, it doesn't offer a 401(k) program, and that means saving for retirement is not as easy as filling out a form and giving it to HR. In fact, freelancers are essentially their own HR department, and that adds some complexity. On this episode of Financial Decoder, host Mark Riepe speaks with Susan Hirshman, a director of ...
How Can You Build Your Pre-Retirement Checklist?
November 13, 2023 09:00 - 32 minutes - 30 MBMost people look forward to retirement—after all, most of us save money during our working lives to fund our golden years when we'll have more time to do what we enjoy. However, it's hard to do detailed planning if you haven't pinpointed, at least approximately, what you want to achieve in retirement. In other words, the first step for retirement planning is to imagine what you want your retirement to look like. Without a vision or goal, you can't make an effective plan. Once you take this f...
Should You Pay Off Your Mortgage Before You Retire?
October 30, 2023 07:00 - 31 minutes - 29.3 MBRecent interest rate increases have inflated the cost of debt, which can have a profound effect on individuals carrying a mortgage on their home but also approaching retirement. Is it beneficial to pay off the mortgage prior to retirement or to continue to make your normal payments of interest and principal each month? Are there other forms of debt that should take priority over a mortgage? As retirement approaches, decisions regarding debt can seem overwhelming, and it's important to consid...
How Did Chuck Schwab Disrupt an Industry? (Rebroadcast)
October 16, 2023 08:00 - 23 minutes - 21.8 MBCharles Schwab & Co. founder and Chairman of the Board Chuck Schwab discusses the decisions that led him to create a revolutionary business model for the brokerage industry. Chuck talks about his decision to start a business, his difficulties raising capital, and even how he convinced his wife to mortgage the house to support his upstart company. He and Mark also discuss the 1983 sale of the company to Bank of America, how he bought the company back—and how Chuck framed both decisions to his...
Do You Need a Financial Advisor?
August 21, 2023 08:00 - 36 minutes - 33 MBToday's financial landscape is more complex than ever, encompassing a huge range of investment opportunities. Yet, the advancement of technology has made moving money easier and faster than ever before. While some investors enjoy making financial decisions on their own, this can be an overwhelming experience for others. Many people want to hire a financial advisor to assist in their financial decision-making. But how do you go about finding the right advisor to achieve their goals? How do yo...
How Can You Maximize Your Employee Benefits?
August 07, 2023 08:00 - 43 minutes - 40.2 MBMany people's financial lives are deeply intertwined with their employee benefits. Saving for retirement in a 401(k) is a vital part of many of our financial plans. And an increasing number of employees receive restricted stock units as part of their compensation package—or they enroll in their employer's Employee Stock Purchase Plan. Is there a holistic approach to treating financial planning when so much is tied to one's employer? In episode of Financial Decoder, we dig into the details o...
How Can You Prepare for the Perils of Aging? (Rebroadcast)
July 24, 2023 08:00 - 52 minutes - 48.2 MBRisk management is one of the most important parts of financial planning. But we seldom consider how those risks evolve as we get older. It's just one of many blind spots that can leave investors of all ages vulnerable. Many people might expect to protect their senior or vulnerable parents, but the risk-management process should begin much earlier when you make your own financial plan. In this episode, Mark speaks with Joel Sauer, director for senior and vulnerable investor investigations i...
What Should You Do If You or Someone You Love Becomes Disabled?
July 10, 2023 08:00 - 48 minutes - 44.1 MBIf you or someone you care for has been diagnosed with a disability, you may be faced with many challenges. While this can be an overwhelming experience, there are various financial protections and other specialized tools available to aid you in your journey. First, we hear Bob's story. After his son experienced an accident resulting in a disability, Bob Dilaura transitioned into a passion-filled career as a financial planner. In this role, Bob helps families of individuals with special nee...
2023 Mid-Year Market Outlook
June 26, 2023 08:00 - 57 minutes - 52.3 MBTo kickstart Season 14, Schwab experts look ahead to consider what investors might expect in the second half of 2023. First, Mark talks with Liz Ann Sonders, Schwab's chief investment strategist. Liz Ann offers her perspective on the direction of the U.S. economy and stock market. Next, Jeffrey Kleintop—Schwab's chief global investment strategist—discusses the possibility of a slowing global economy and what this could mean for the world's markets. Then, Mark speaks with Kathy Jones, Schw...
How Can You Think Like a Fund Manager?
April 17, 2023 08:00 - 43 minutes - 40.1 MBEvery portfolio is different—and so are the people who manage active and passive funds. In this episode, we dig into the details of how fund managers at two different firms approach their role. Their decision-making processes vary according to the goals of the fund and their strategy for achieving those goals. First, Mark speaks with David Giroux, chief investment officer for equity and multi-asset at T. Rowe Price Investment Management. He and Mark discuss the guardrails that are in place ...
When Can Direct Indexing Make Sense for Your Portfolio?
April 03, 2023 08:00 - 24 minutes - 22.5 MBThe idea of making your portfolio your own typically involves adding and subtracting specific investments. The concept of "addition by subtraction" is a key component of an investment strategy that's been going mainstream lately. In this episode we look at one potential way you can subtract or add to your portfolio by using a method known as direct indexing. This strategy allows investors to own individual stocks that reflect the characteristics of the index they wish to track. The main adv...
Jodi's Story: How Can You Prepare for a Career Change?
March 20, 2023 08:00 - 26 minutes - 24 MBIn this episode, we hear Jodi's story. Jodi started her career in finance and developed a love of travel. She also had a passion for gender-lens investing and nonprofits that served young women. As she progressed in her career, Jodi faced a crossroads in her life. How would she find a path that fit her values? The company that Jodi founded is Connecting Growth Globally. CGG connects people to meaningful travel experiences in Africa, Central America, Southeast Asia, the US, and other locatio...
What Should Be on Your Wealth Management Watch List This Year?
March 06, 2023 08:00 - 36 minutes - 33.6 MBThere are many long-term financial-planning decisions we can lose sight of as we navigate the unexpected avenues of our lives. If left unchecked, these choices we made years ago may not match up with our current situation. Is there anything to consider in 2023 to help determine if these past decisions still make sense? In this episode, Mark Riepe is joined by Rob Williams, a managing director of financial planning, retirement income, and wealth management at the Schwab Center for Financial ...
Is It Time to Reboot Your New Year's Resolutions? (Rebroadcast)
January 30, 2023 09:00 - 34 minutes - 31.2 MBMany people set New Year’s resolutions, but sadly, most don’t keep them. In this episode Mark Riepe offers several suggestions for keeping you on track with your resolutions, as well as proposing some specific resolutions that can help you better manage your financial life—whatever the date you choose to implement them. Mark talks with Carrie Schwab-Pomerantz about two of the most popular resolutions: setting and sticking to a budget and how to pay off debt. Then Rob Williams, managing dir...
2023 Market Outlook
December 16, 2022 09:00 - 46 minutes - 42.9 MBAfter a tough year for the markets, what's in store for 2023? In this year-end bonus episode, Schwab experts look ahead to consider what investors might expect from the markets in the new year. First, Mark talks with Liz Ann Sonders, Schwab's chief investment strategist. Liz Ann offers her perspective on the direction of the U.S. economy and stock market. She and Mark discuss inflation, interest rates, company earnings, and the job market, among other topics. Next, Mark speaks with Kathy J...
Can You Invest in Crypto Without Buying Crypto Directly?
December 12, 2022 08:00 - 30 minutes - 27.6 MBThe cryptocurrency landscape is vast. There are well over 10,000 types of cryptocurrencies. For investors who are looking for exposure to this space, are there indirect opportunities that might reduce some of the risk? In this episode, Mark Riepe is joined by Inga Rachwald, a senior portfolio strategist for Schwab Asset Management. They discuss the development of various crypto and blockchain technologies, various use cases for specific cryptocurrencies, and financial instruments available t...
Mary Anne's Story: How Can You Leave a Legacy and Honor a Loved One?
November 28, 2022 09:00 - 19 minutes - 18.3 MBIn this special episode, we hear the story of Mary Anne. Mary Anne and her twin sister Virginia were very close growing up. But as they pursued different careers, they lived on different sides of the country. After her sister's untimely passing, how did Mary Anne find a way to honor her sister's memory? The event that Mary Anne organized benefited one of her sister's favorite organizations, the Hingham Historical Commission. Follow Financial Decoder for free on Apple Podcasts or wherever y...
Should You Start Giving Money to Your Heirs Now or Leave a Bequest?
November 14, 2022 09:00 - 32 minutes - 29.9 MBTaxes are a big issue for any investor. For people likely to incur federal estate tax, does it make sense to give away assets to family members sooner rather than later? The answer to that question can be fraught with all kinds of psychological and emotional issues. But it's important to contemplate the details of different lifetime gifting strategies if you want to maximize what you leave for your heirs. To understand more, Mark Riepe speaks with Susan Bober, a director in Schwab's Wealth...
How Can You Steer Your Portfolio Through a Recession?
October 31, 2022 08:00 - 41 minutes - 37.7 MBAnyone who has invested for more than a few years has seen their share of bear markets, bull markets, down economies, and recessions. But each circumstance is different. Heraclitus said that you can't step into the same river twice: The person is different, and the river is different. When the economy turns downward, what are some strategies you should keep in mind? What's the context around the current market and macroeconomic conditions? In this episode, Mark Riepe interviews Schwab's ...
What Can You Do If Your Retirement Plan Gets Off Track?
September 19, 2022 08:00 - 34 minutes - 31.9 MBWhat do you do if you haven't put enough money into your retirement account over the course of your working life, and you know you don't have enough money or time to fund the retirement you want? You might be tempted to act like a losing football team and throw caution to the wind with a Hail Mary pass. But your financial life is more consequential than a football game, and what you don't want to do is to make a bad situation even worse. If your retirement plan has gotten off track, there ...
How Can You Make the Most of Your IRA Nest Egg?
September 05, 2022 08:00 - 36 minutes - 33.5 MBWhen you spend your working life saving and investing, it can be a little scary when it comes time to shift your mindset and start withdrawing from those accounts. Whether you have a 401(k) or an IRA, what strategies can help you make the most of your retirement nest egg? In this episode, Mark Riepe speaks with Daniel Stein. Daniel is a vice president and branch manager for Schwab in Bethesda, Maryland. He's a CERTIFIED FINANCIAL PLANNER™ professional and a Chartered Financial Analyst. A ...
How Can You Get Started with an IRA?
August 22, 2022 08:00 - 36 minutes - 33.6 MBInstinctively, most people know that it's a good idea to save money for the future. But when it comes to saving for retirement, there are complex decisions each person must face—and typically when they are just starting out in the workforce. Is it better to contribute to a 401(k) or a Roth IRA? When can a traditional IRA make sense? How can you convert a traditional account to a Roth account? In this episode, Mark Riepe speaks with Hayden Adams. Hayden is director of tax and wealth managem...
When Interest Rates Rise, What Should You Do with Bonds?
August 08, 2022 08:00 - 21 minutes - 19.8 MBThe Fed is hiking short-term interest rates to slow the economy. Now the bond market is starting to expect less inflation longer term, and so yields on Treasury bonds have declined from their peak. What should bond investors do? In this episode, Mark Riepe speaks with Kathy Jones, Schwab's chief fixed income strategist. Kathy has analyzed global bond, foreign currency, and commodity markets extensively throughout her career as an investment analyst and strategist, working with both institut...
How Much Risk Is Right for You?
July 25, 2022 08:00 - 28 minutes - 26.6 MBBalancing the trade-off between risk and return is one of the most fundamental decisions an investor makes. But it can be difficult to "know thyself" and truly understand your risk tolerance. Myriad psychological factors may cause you to behave differently than your stated risk profile when confronted with market volatility. And beyond weathering the ups and downs of the market, there are other types of risk that can impact the pursuit and achievement of your financial goals. In this epi...
Should You Get Out of the Market Now and Get Back In Later? (Rebroadcast)
July 11, 2022 08:00 - 29 minutes - 26.7 MBWhen the market drops quickly, many investors scramble for the exits. Yet that decision is usually an emotional one rather than a rational one. In this special bonus episode, Mark Riepe discusses some tools that can help you stay the course with your plan. Mark talks with David Koenig, vice president and chief investment strategist for Schwab Intelligent Portfolios. They discuss how you can use rebalancing, tax loss harvesting, and other strategies to your advantage during a down market. Su...
How Can You Learn from Your Trading Mistakes?
April 04, 2022 08:00 - 30 minutes - 27.8 MBIn a busy world, the learning process can be difficult for most of us—especially when it comes to complex financial transactions. For one thing, there is a lack of objective feedback for many routine decisions, and of course decision-making biases complicate our supposedly rational thinking. For example, if we see good past returns on an investment, did we get those returns because we were skilled, or did we get lucky? Many people lean towards attributing good trades to skill and bad trades ...
How Can You Stop Procrastinating and Create an Estate Plan?
March 21, 2022 08:00 - 39 minutes - 36.4 MBCreating a will has several benefits. A will can help your loved ones carry out your wishes, it can protect your assets, and it can allow you to designate a guardian of your children. Inevitably, some people never get around to making a will, even though they intend to do it. This type of procrastination can be difficult to overcome. Procrastination isn't a bias per se, but it's a close cousin to present bias, which causes us to avoid doing work now because the future benefits seem microscop...
How Can You Invest Your Values?
March 07, 2022 09:00 - 29 minutes - 26.7 MBIs it possible for your portfolio to reflect your beliefs? ESG could be one way to help. ESG is an umbrella term to describe investing strategies that emphasize environmental, social, or governance factors, in addition to traditional measures of risk and return. Within this umbrella framework are strategies like SRI, or socially responsible investing; values-based investing; sustainable investing; and impact investing. In this episode, Mark talks with Malik Sievers, head of ESG strategy for...
Why Do Millennials Love Equity Compensation and How Can Entrepreneurs Use It?
February 21, 2022 09:00 - 27 minutes - 25.2 MBAs many small and early-stage businesses are still coping with the effects of the pandemic, one way to attract high-quality employees and help keep payrolls manageable could be the use of equity compensation. Increasingly, millennials are demanding that new job offers include equity as part of any compensation package. What’s behind this trend? When does it make sense? In this episode, Mark talks with Amy Reback, head of Stock Plan Services at Schwab. They discuss what to look for in an eq...
2022 Market Outlook
December 20, 2021 09:00 - 52 minutes - 48.4 MBAfter another full year of the COVID pandemic, what’s in store for 2022? In this year-end bonus episode, Schwab experts look ahead to consider what investors might expect from the markets in the new year. First, Mark talks with Liz Ann Sonders, Schwab’s chief investment strategist. Liz Ann offers her perspective on the direction of the U.S. economy and stock market. She and Mark discuss consumer spending, interest rates, company earnings, and the job market, among other topics. Next, Mark ...
Which Trust May Be Right for You?
December 13, 2021 09:00 - 31 minutes - 28.9 MBMany people do not enjoy the process of thinking through what happens to their assets after they pass away. But the decisions to be made are a crucial part of estate planning. Life can be complicated, and there are many advantages to having a trust in place. But the jargon surrounding trusts can be overwhelming. How can you determine which trust is right for your particular situation? In this episode, Mark talks with Austin Jarvis. Austin is a director of estate, trust, and high-net-worth t...
How Can You Maximize Your Charitable Giving?
November 29, 2021 09:00 - 33 minutes - 30.7 MBThroughout the holiday season, you might encounter dozens of appeals for charity. If you decide to give, or if you donate throughout the year, how can you maximize the impact of your gift? In this episode, Mark talks with Sam Kang, president of Schwab Charitable, a nonprofit organization established with the support of The Charles Schwab Corporation to make charitable giving simpler and more tax-efficient. They discuss direct cash gifts, donor-advised funds, qualified charitable distributio...
How Can You Be a More Confident Investor?
November 15, 2021 09:00 - 31 minutes - 29.3 MBIn assessments that show women to be less financially literate than men, is that gap due to a lack of knowledge or a lack of confidence? One recent study revealed that women tend to disproportionately respond “do not know” to questions measuring financial knowledge, but when this response is unavailable, the gap closes substantially. In this episode, Mark tells the story of Monique Currie—a highly successful basketball player in college and the WNBA. Despite all her talent and achievements,...
Should You Invest in a SPAC?
November 01, 2021 08:00 - 25 minutes - 23.5 MBSpecial purpose acquisition companies (or SPACs) aren’t entirely new, but they’ve made headlines in 2020 and 2021. SPACs take funds from investors in order to buy or merge with another company. They’re sometimes called “blank check” companies because it’s as if investors are giving the companies a blank check to buy whatever sort of business they want. Until a merger is announced, investors in a SPAC don’t know exactly what they’re buying or trading. In this episode, Mark Riepe interviews S...
Season 9 Trailer
October 28, 2021 21:30 - 2 minutes - 2.39 MBIn Season 9 of Financial Decoder, host Mark Riepe invites Schwab experts to offer advice in a variety of areas. From Special Purpose Acquisition Companies (SPACs) to charitable giving, Mark and his guests explore financial decisions for investors of all backgrounds. The first episode of the new season arrives November 1. Subscribe to Financial Decoder for free on Apple Podcasts or wherever you listen. Financial Decoder is an original podcast from Charles Schwab. For more on the show, vi...
Should You Invest in Cryptocurrency?
July 26, 2021 08:00 - 30 minutes - 28.2 MBMany investments inspired by new technology can be treacherous territory, but also, under the right conditions, they can offer enormous upside. Depending on the timing, the same investment can be both disastrous and generate great returns. Since the rise of Bitcoin and cryptocurrencies, some investors have experienced the highs and lows of rapid-cycling volatility. In this episode, Mark speaks with Randy Frederick, Managing Director of Trading and Derivatives for the Schwab Center for Fina...
How Can You Set Better Goals?
July 12, 2021 08:00 - 32 minutes - 29.7 MBFinancial planning is an ongoing, iterative process. But it always starts with identifying and defining goals. Why are you saving money? When do you plan to retire? How much do you spend now? Are you saving for college? The more specificity that can be added to each goal, the more likely it is to be achieved. No matter your stage in life, whether you are just starting out saving and investing or are well into your working years with a plan already in place, you need to evaluate your goals r...
2021 Midyear Market Outlook: What to Expect from the Economy, the Bond Market, Global Equities, and Washington
June 28, 2021 08:00 - 53 minutes - 48.8 MBIn this midyear episode, Schwab experts look ahead to consider what investors might expect in the second half of 2021. First, Mark talks with Liz Ann Sonders, Schwab’s chief investment strategist. Liz Ann offers her perspective on the direction of the U.S. economy and stock market. Then, Jeffrey Kleintop —Schwab’s chief global investment strategist—joins the show and examines what the remainder of 2021 might hold for the global economy and markets now that the recovery is seemingly over....
How Can You Protect Your Portfolio Against Inflation?
June 14, 2021 08:00 - 35 minutes - 32.4 MBSince the financial crisis of 2008, the Federal Reserve has engaged in a great experiment: They are testing whether massive amounts of new money can heal the damage from macroeconomic catastrophes, such as the financial crisis and the COVID-19 pandemic. For years, investors have asked persistent questions about the likelihood of high inflation and how to help protect a portfolio against it. In this episode, Mark speaks with Kathy Jones, Schwab’s chief fixed income strategist. They discuss t...
Bonus: Special Guest Katy Milkman
June 07, 2021 08:00 - 33 minutes - 30.5 MBIn this special bonus episode, Mark Riepe talks with Katy Milkman, host of Choiceology and author of a new book titled How to Change: The Science of Getting from Where You Are to Where You Want to Be. Katy’s book focuses on overcoming the barriers that too often prevent us from making positive changes. Katy and Mark discuss some of these obstacles, including procrastination and the difficulty forming good habits, as well as techniques that research has shown can help us overcome them. Kat...
How Can You Prepare for the Perils of Aging?
March 08, 2021 09:00 - 52 minutes - 48.1 MBRisk management is one of the most important parts of financial planning. But we seldom consider how those risks evolve as we get older. It’s just one of many blind spots that can leave investors of all ages vulnerable. Many people might expect to protect their senior or vulnerable parents, but the risk-management process should begin much earlier when you make your own financial plan. In this episode, Mark speaks with Joel Sauer, director for senior and vulnerable investor investigations i...
Are You Rationalizing an Investing Mistake?
February 22, 2021 09:00 - 29 minutes - 26.8 MBIf you save money and invest it consistently, your path toward meeting your goals may seem simple. But most investors quickly discover that there are hurdles in the way—including our own brains. There are many cognitive and emotional biases that can trap us, and investors sometimes rationalize falling prey to these biases in familiar ways. In this episode, Mark is joined by Brad Bartick, branch manager of the downtown Denver Schwab branch, and financial consultant Joanna Heckman to discuss f...
Should You Invest in Socially Responsible Funds?
February 08, 2021 09:00 - 24 minutes - 22.5 MBWhen you invest, are you simply trying to make as much money as possible without taking on too much risk? Or are you trying to accomplish other goals as well, perhaps making sure that your investments align with your values, or that you’re using your money to help make a positive difference in the world? If those latter goals matter to you, you might be interested in socially responsible investing, or SRI. Michael Iachini, vice president and head of manager research for Charles Schwab Inve...