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TERM OF THE DAY

Impact Investing Impact investing is investing that aims to generate specific beneficial social or environmental effects in addition to financial gain. Impact investing is a subset of socially responsible investing (SRI), but while the definition of socially responsible investing encompasses avoidance of harm, impact investing actively seeks to make a positive impact by investing, for example, in non-profits that benefit the community or in clean technology enterprises. Term Of The Day Selected By Marguerita Cheng Certified Financial Planner Blue Ocean Global Wealth Gaithersburg, MD https://www.blueoceanglobalwealth.com/our-team.html

Breaking it Down: The term "impact investing" was first coined in 2007, although the practice developed over years beforehand. The basic goal of impact investing is to help reduce... Read More