Did you know that on February 5th, the stock market suffered the largest crash in years? The drop was of approximately 4.6 percent with the Dow Jones dropping almost 1,600 points. This was the largest crash since the 2011 European Debt Crisis. If you’re here it means that you’ve investments in the stock market and, … Continue reading What Would You Do If There Was a Stock Market Crash Today?
Investment advice comes from everywhere… even if you don’t ask for it. Everybody thinks they’ve got “the answer” when it comes to investing and everybody wants to share their secret to success. That’s why you’ve likely been offered quite a few tidbits of investing advice from everyone from your cousin to your neighbor. The truth … Continue reading 5 Common Investment Rules You Should Be Following
Did you know that 32 percent of investors lost money investing in stocks? You don’t invest to lose money. Unfortunately, it’s inevitable for investment loss to happen sooner or later. Many times, investment losses might have been caused by recommendations from your broker. If this is the case, why should you get the short end … Continue reading Can You Sue Your Broker for Investment Losses?
In a recently filed complaint,The SEC charged a prominent pastor in a scheme to defraud investors out of millions of dollars. Using his religious clout and reputation, the pastor leveraged investments out of devoted followers, mainly elderly. Between 2013 and 2014, the SEC alleges that Kirbyjon Caldwell, Pastor of the Windsor Village Methodist Church and … Continue reading Protecting Your Investments Against Affinity Fraud
Is your broker broke? Are you worried they’re going to break your bank? At Savage Villoch Law we’re determined, no, obsessed with keeping that from happening. We will work with and for you to keep your money, business, and reputation safe in the financial/legal world. Financial investment fraud criminals are our worst enemies. If we … Continue reading 5 Largest Investment Fraud Cases in History
In the past 70 years, stocks have risen more than 1,000 fold. No one can say for certain when stocks will collectively rise or fall. This means there’s never a better time than the present to get in the investment game. But before you start putting your hard earned money into this risky game, there … Continue reading 7 Tips for Smart Stock Investments
Understanding Cybersecurity Risks In today’s digital age, the use of technology to facilitate investments has become largely commonplace. We can see many examples of how investing has moved to the cyber-realm from online investing platforms to robo-advisers. While this has greatly empowered investors to take more direct control over their investment strategy, it has also … Continue reading SEC Publishes New Guidelines for Disclosing Cybersecurity Risks to Investors
While 90% of investors lose money on the stock market, it doesn’t mean that many people lose money forever. The stock market is cyclical and if you buy at the wrong time, you could immediately lose money. Some people take this stock market loss to heart and withdraw their investment. Others stay in the game … Continue reading How to Recover from a Major Stock Market Loss
Industry watchdogs turn their focus on Wells’ wealth-management services It seems that we may not have yet seen the end of the Wells Fargo accounts scandal. The Justice Department has taken an increased interest in Wells Fargo’s wealth-management unit following whistle-blower claims that the bank’s wealth-management customers have been affected. According to a Wall Street … Continue reading Wells Fargo’s Wealth-Management Business Under Scrutiny
Could this be the beginning of the end of the Consumer Financial Protection Bureau as we know it? This month The Trump administration, through acting CFPB Director Mick Mulvaney, announced sizeable restrictions to CFPB’s enforcement and day-to-day oversight of the financial industry’s fair lending practices. The move comes shortly after Mulvaney was installed as Acting … Continue reading Fair Lending Enforcement Roll-Backs at CFPB Could be Sign of Changing Times