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 ›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 ›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 ›Bitcoin – Big Coin – Bitcoin – Big Coin… Read that over a few times. Are those two words beginning to sound similar? That’s what the founders of My Big Coin, Inc. were hoping when they created their cryptocurrency investment offering. The Nevada-based company has been accused of defrauding investors hoping to cash-in on the…
Continue reading ›“Cryptocurrency”, “blockchain” These are the buzz words among investors as we head into 2018. Building on the success and popularity of Bitcoin – which seems to be hitting new record highs every week – has caused a stir among investors, and it’s getting the attention of businesses. As investors look to find out how they…
Continue reading ›Investor Tips: A Year in Review With a new year upon us, we thought we’d look back at the most popular questions investors have been asking over the past year. Here are the most popular investor tips for 2017: Initial Coin Offerings (ICOs) ICOs made a big splash in 2017. With the Bitcoin boom and…
Continue reading ›Stock ratings are offered by many investment banking groups as a simple way for investors to judge the value of a stock or security. In addition to rating a value of a security, stock ratings typically provide an answer to the question all investors ask: Is it time to buy or sell? In the case…
Continue reading ›With another new year just around the corner, you may be thinking about financial planning as a part of your New Year’s resolutions. For those of you with a newborns or young children in the family, you may be thinking about opening a college savings plan. A 529 account can be a great way for…
Continue reading ›If you’ve looked into hiring an investment adviser or advisory firm to help manage your investments, you may have seen some offer various advisory services bundled together under one comprehensive fee. These types of service fees are called wrap fees and are offered as sponsored packages by many advisory firms. With wrap fee programs, your…
Continue reading ›There’s been chatter recently among economic experts that federal rate hikes would likely soon be on the way. Since 2016, the Federal Reserve has risen interest rates three times, but they’ve not not made any definitive announcements on the further hikes, leaving it open to speculation when they’d actually be introduced. It appears that economists…
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