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"One of the biggest enemies of our long term portfolio performance is ourselves," he said.
Investors managing more than $10tn£6.9tntn) of assets will vote in favour of a resolution calling on Exxon to "publish an annual assessment of long term portfolio impacts of public climate change policies" following the Paris Agreement to limit the global temperature rise to less than 2C (3.6F).
At time of publication, I do hold some bitcoins and ethers in my long term portfolio.
Disclosure: At time of publication, I hold some bitcoin, ether, gold and U.S. dollars in my long term portfolio.
Full disclosure: At time of publication, I hold some bitcoins and ethers in my long term portfolio.
Full disclosure: At time of publication, I do hold some bitcoins and ethers in my long term portfolio.
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So what happens if we add bonds to our long-term portfolio to act as ballast to the equity exposure?
For starters, the euro has been weakening for only about seven months, a short period on which to base long-term portfolio decisions.
But for those who can tolerate risk, he suggests investing 5percentto10percentcent of a long-term portfolio in such funds.
But for people, retired or not, who understand the market, putting a small part of a diversified, long-term portfolio into a high-yield fund can provide "more kick," said Miriam Sjoblom, Morningstar's lead bond fund analyst.
Fossil fuel companies fail to account for carbon asset risks, such as stranded assets of coal and oil, a long-term portfolio risk due to consumer demand with the increase in other energy sources such as gas, solar and wind.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com