What is Impact Investing?
Impact investing appears to be all the rage with the tech crowd and has been growing in popularity for the last 2-3 years. Whether or not it is the right strategy for you completely depends on what your goals are and what you have accumulated so far.
Just to be clear: Impact investing is not the same as “Charitable Giving,” which is when you endow or gift something to a charity, non-profit, or private foundation.
Impact Investing, according to Michael Drexler and Abigail Noble of the World Economic Forum, is “an investment approach intentionally seeking to create both financial return and positive social impact that is actively measured.”
[Read more…] about Estate Planning Definitions: Impact Investing