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Eyeing dividend-paying stocks? Don't rush to pick up the richest yielding names

Don't fall for the siren call of unreasonably high dividends.

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Research paper finds ESG investors who cite ethics still expect investment returns

Researchers find that performance expectations are highest among people who invest in environmental, social and governance causes for moral reasons.

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Retirees Worried About the Stock Market Cratering Can Use These Portfolio Strategies

If you are retired and worried about what a sustained down market could mean for your cash flow, there are some strategies you can employ to prepare.

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Retirees Worried About the Stock Market Cratering Can Use These Portfolio Strategies

If you are retired and worried about what a sustained down market could mean for your cash flow, there are some strategies you can employ to prepare.

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13 Biggest Money Mistakes Financial Advisors Have Seen

13 Biggest Money Mistakes Financial Advisors Have Seen
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Final COVID-19 Relief Fund Grant will support summer jobs for teens

Final COVID-19 Relief Fund Grant will support summer jobs for teens
Stephanie Hawkinson
Council on Aging greeters, Recreation Department camp counselors, mobile movie staff, and more — these are just of few of the teen job opportunities this summer that are now possible thanks to a final grant from the Community Fund for Wellesley’s COVID-19 Relief Fund. As COVID-19 cases in our community continue to decline and the pandemic recedes, the fund wrapped up its grant making program with one final donation this week that will meet immediate needs for youth employment in our community. The money will support the Wellesley Green Shirts 2021 summer jobs program administered by the Wellesley Youth Commission.

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Fidelity Is Letting Teens Trade; Advisors Weigh In

Fidelity Is Letting Teens Trade; Advisors Weigh In
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Advisers walk fine line when managing client cash

Advisers walk fine line when managing client cash
Staying ahead of inflation in a low-yield environment can mean taking on more risk with emergency cash positions. The shortest-term certificates of deposit are yielding less than 65 basis points.
May 17, 2021
2
MINS
While most financial advisers continue to recommend their clients hold enough cash or liquid cash equivalent to cover between three- and six-months’ worth of living expenses in case of an emergency, the crushing reality of historic-low yields is leading to some shifting priorities when balancing safety and yield.
“I get the question about earning yield on cash at least once a week from clients,” said Paul Schatz, president of Heritage Capital. “There are plenty of solutions, but solutions don’t come with the same low level of risk as bank savings accounts.”

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Wellesley COViD-19 Relief Fund awards money for masks, two-ply gaiters

Staff report
Wellesley Townsman
A grant to the Wellesley Police Department is helping local officers with efforts to enforce the current Massachusetts mask/face covering mandate and set a positive example for the community, according to a Tuesday annoucement.
This week, the Community Fund for Wellesley’s COVID-19 Relief Fund awarded $1,470 to the Police Department to support the purchase of WPD branded masks and two-ply gaiters (face sleeves) for all uniformed officers and extra masks to distribute to residents
“Our officers are on the front lines every day protecting our community and enforcing the tightened restrictions necessary to keep Wellesley safe during the pandemic," said Wellesley Police Chief Jack Pilecki. "These masks and face coverings are a heavier weight for the winter months and will standardize our uniforms, and will help us portray a positive, consistent public image as we work to educate, inform, and remind everyone about the importance of mask wearing."

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