These small innovations may not seem fashionable, but reducing the amount of clothing created is critical to reducing the environmental impact of the dyes.
This clothing will stretch as the child becomes bigger. Very creative!
What to do in a lower-return enviornment?
I have been fascinated or economicly curious about what the world is going to look like in the next 10 to 20 years; or, even 30 to 40 years. One thing that I intuitively believe, returns of the past 100 years are not a good proxy.
I read this Q&A from Chief Executive Officer and Chief Investment Officer of Vanguard, and a couple things stood out for how folks can/should prepare for a lower-return enviornment:
- In a lower-return enviornment, costs take a bigger percentage of the returns. Low-cost investments are key.
- Increase savings rates by 1 to 2% each year. This will help to account for the lower return enviornment.
- The average savings into a 401K with company match is 10%. They are recommending around 12 to 15%.
Read Vanguard’s Addressing Lower Returns here.