New IRA targets socially conscious millennial savers
Breakfast with Benjamin There's a new low-minimum IRA targeted to young investors who want their money invested in companies dedicated to sustainability.
- Digital investment firm Aspiration has launched a new IRA with a $500 account minimum that’s targeted to millennials who want their money invested in companies dedicated to sustainability. “This has historically been only available to the wealthiest investors.”
- Is the Labor Department’s fiduciary rule going to be a death knell for personal finance gurus on television and the radio? The cost of these pundits’ advice makes that theory a hard sell. “Advice needs to be compensated for it to count.”
- Some yoga-loving advisers make the case that it helps improve their ability to serve clients. Downward-facing dog, upward-facing investments?
- If you hate having to wait on hold with your cable company or an airline, yes, there’s now an app for that. And true to form for the tech world, this app has already raised $4 million in VC funding.
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