Friday | August 10 | 2018


It's not that difficult Roz...

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*Market indexes are the value of certain stocks which represent the overall stock market. Learn more here.*

S&P 500  (Standard’s & Poor 500): Made up of the 500 most widely-traded stocks in the U.S. -4.12 (-0.14%)

S&P 500 Environmental & Socially Responsible IndexMade up of the companies on the S&P 500 that meet special environmental and social responsibility criteria. -1.55 (-0.13%).

Ready for a comeback story? Yelp's stock sky-rocketed 29% yesterday after the online review company announced record-breaking 21% growth in their ad revenue. Five star reviews all around.


Facebook wants your data - surprise, surprise! This time though, they're going after your wallets. According to a Wall Street Journal report on Monday, the social-media giant has asked big banks in the U.S. to partner with them to share detailed financial information about their customers (think card transactions and account balances). Facebook is hoping that users will choose their Messenger function as a way to buy and sell goods, and transfer money between friends (aka..Venmo?). Banks are concerned about privacy issues with this plan (hello Cambridge Analytica) and some have pulled away completely from the idea. However, Facebook has created limited partnerships with American Express, PayPal, and Mastercard - so this conversation does not end here. The bottom line? Social media is still trying to take over the world.

In other news, a politician was arrested Wednesday for helping people. Rewind to a year ago when New York Congressman Chris Collins was serving on the board of a pharmaceutical company and learned that the company had failed clinical trials for its only drug (cue oh shoot moment). Collins immediately called his son and warned him to sell off his stock. The son did, and passed on the tip to friends and family. Ultimately, Collins’ crew avoided losing $768k by selling before the news broke and the stock plummeted. Collins’ move, called insider trading, is illegal because it’s unfair. If people who knew secret information about a company were allowed to share it with their friends general stockholders would be at a BIG disadvantage, and no one would want to invest. So Collins and co. are in the clap and will be released on bond shortly. So much for helping a brother out.

*Do you have money tricks to add to the pile? Drop us a line.*

Feeling uninspired to save? Time to get down and dirty. UniFi users Mason and Alison have turned a budgeting hack into a game by competing to find the ugliest coins on Philly’s gritty streets. Every coin they save goes towards their next vacation. Last month they saved over $100...who you callin’ ugly now?



Impact Investing: Investing that’s designed to create a positive impact environmentally and socially in addition to providing good financial returns. Also called socially responsible investing (SRI).

Let’s suppose you want to invest your money, but want to ensure it's not going to companies that do crappy things like using animal testing or paying unfair wages. Enter impact investing. While traditional investment opportunities promise stability or high returns ($$$) impact investments go above and beyond, promising to deliver on social and environmental goals.

1. Some impact investments avoid certain kinds of companies, like those operating in fossil fuels or tobacco. Others try to proactively achieve goals, like growing small businesses and creating jobs, supporting green technologies, or conserving natural resources.

2. Socially responsible investing (SRI) has grown quite fast over the last few years - the amount of money in these funds grew 76% from 2015 - 2017.

3. One out of every six dollars that’s professionally managed is in some kind of a socially responsible account.

4. Your 401(k) and retirement accounts may offer socially responsible investment options too. If there is a cause that is important to you, take a peek to see how your dollars can help support it.

5. If you want to get involved in impact investing, most major investment firms now offer socially responsible options. You can also invest through smaller organizations like the Nature ConservancyMicroVest, and a whole bunch more.

*This section is not sponsored by any third parties. These are our pure, honest opinions on what we think is easy and works best!*

Want to learn more about where your money is going? Check out Buycott, the app that helps you direct the dollars you spend in retail to causes you believe in. Simply scan a product’s barcode to learn about the practices of the companies involved in creating it. Are you concerned about rainforest preservation? Political alignment? Animal testing? The app can help you spot products that conflict with your goals, and redirect you to better options for your priorities.


Share the UniFi love! Send your friends, family, ex-girlfriends, pets, former bosses, and in-laws the UniFi link and get one step closer to the perks in our referral program!