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“TOSS THAT 401K—BUY LOTTERY TICKETS” As I write this, one of the lottery games, MegaMillions is mega millions indeed—to the tune of about $900,000,00. For $3.00 you get two ( 2) tickets with chances to win the jackpot ticket, that’s a non-annualized return of...
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Avoid Being Scammed The best way to avoid losing money in advance-fee, phishing or other types of scams is simply to hang up or not respond. This is easier said than done, since correspondence can be well crafted, and the perpetrators are con artists highly skilled at...
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Financial literacy is the understanding of money such as taxes, savings, bills, retirement, budgeting and paying for school and investing. BUT, According to FINRA (you remember our friendly Broker SRO), 70% of Americans can not pass this simple test of basic financial...
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They must feel like a punching bag. Not that they don’t deserve the scrutiny. Somebody please pass this along to Tim Sloan. Sloan ascended to perhaps the worst job in the world. But, he can come out looking like a hero, and I hope he does. With their best...
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Forget ETFs, and index funds. They’re boring. So, do you have a teenager? They have some investment information for you. In the US, there are 41, 731,233 kids and young adults between the ages of 10-19. Wait! Norman Leer in Paintball Arkansas just turned 10 this...
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by: John Lohr The CFA Institute and the Wall Street Journal seem to agree that fiduciary is not an appropriate moniker for every financial consultant. Titles, such as “advisor” or “broker,” should be used by different groups. Dealing with a fiduciary is no guarantee...
