Getting swindled can be an adverse situation to overcome. You thought you were making a wise choice that could positively affect your financial future, instead a wise-talking investment scam artist manipulated you. Now, you’ve put up money for a debatable investment – or no investment at all, and in most cases, that money is gone […]
A Ponzi scheme is a faulty investment opportunity proposed by a company or individual. Ponzi scheme investors are assured they will receive a large profit with little to no risk—they do not know that it is a scam. How does a Ponzi scheme work? Ponzi schemes generate returns for investors by continuously acquiring new investors. […]
Once you become familiar with an activity, it’s easy to start overlooking the simple things as you chase the promise of a big win. You always want to do your due diligence. This is especially true when investing in the securities market, where big sums of money can be at stake. Consider this: The median […]
Stock trading is a highly regulated industry. Brokerage firms have several compliance methods in place to assure you that your money is being invested both wisely and legally. That said, it is possible for some misconduct to slip through the cracks. It is important to have a trusting relationship with your broker. He or she […]
Claims against Union Bank of Switzerland (UBS) Puerto Rico’s closed-end bond practices continue to arise years after the initial crash of 2013. Since that time, the bank has paid tens of millions of dollars to both regulatory agencies and individual investors. Fraudulent practices UBS Puerto Rico was at one point the largest wealth management […]
Many people invest money into companies they believe will produce a profit. While you may be part of a group of angel investors, you might also choose to invest on your own. But regardless, you ought to protect your interests in the process. Through an initial public offering (IPO), you can purchase stock in a […]
You need to be able to trust your financial advisor to manage the money that will allow you to retire and your family to live comfortably. This makes selecting the correct advisor critical. Choosing the wrong person for the job could have significant consequences. Nassau County officials arrested a financial advisor in June 2018 for […]
International speaker, trainer and author, John Maxwell teaches business leaders that there is no such thing as business ethics. The underlying premise is that you have ethics, or you don’t; this will be reflected in the manner in which you run your business. In light of recent allegations relating to Roundup causing cancer, you might […]
When you put your money in a bank, you probably trust it will be safe. You might keep some money in your accounts to earn some interest. And knowing that your money is insured may give you peace of mind. Banks can also lend you money. Whether it is to purchase a home or start […]
Annuities are a helpful financial tool to secure your finances and create a dependable source of income. Programs such as Social Security provide continued cash flow through annuities for seniors after they retire from the workforce. They can also allow you to provide for your grandchildren in the future. Despite how helpful and generally low-risk […]