Three Steps to Defend Your Retirement Against ‘Woke’ ESG Investments
The ongoing push for environment, social, and governance (ESG) policies has driven retirement accounts into a downward spiral. Stagnant and oftentimes fading portfolios are being filled with “woke” investments thanks in large part to new guidance from the White House.
On top of politics, mega-money managers like BlackRock are pressuring businesses to focus less on profits and more on progressive causes like climate change and transgender rights, even when doing so works against their customers and investors. We’ve seen this in action recently from companies like Anheuser-Busch and Target.
Americans are rightly moving their money into physical precious metals, but there’s a risk associated with rollover and transfer accounts that few are mentioning. Self-directed IRAs backed by physical precious metals are growing in popularity, and as a result there are many companies who are taking advantage of the demand. There are huge differences in the way these accounts are set up, yet most in the industry offer a single path to their customers. What do “Big Gold” companies not want you to know?…