A lot of volatility in the stock markets this week, ending with the three main indexes slightly in the negative, even after good economic news and positive earnings reports, highlighted by the two main weekly economic and markets summary sites that I follow -
The Vanguard Group, Economic Week in Review: A fragile recovery
Briefing.com, After-Hours Report: [...]
Liz Davidson over at Intelligent Investing presents a weekly column about making one’s own financial decisions, entitled Just Tell Me What To Do!.
Don’t surrender your financial decisions to someone else.
I’m sure there’s someplace where you’ve heard Ms. Davidson’s simple but empirical financial advice before – educate yourself financially, make your own decisions, and don’t ever [...]
I was reading a news report today of an unfortunate Louisiana pharmacist who lost a lifetime of savings after investing his hard-earned money with Bernie Madoff wannabe, Robert Allen Stanford.
According to excepts from that report:
In Breaux Bridge, 61-year-old Bruce McLeod said he invested $2.7 million with Stanford over a period of years as he [...]
Ben, over at The Consumerist, related to his readers a recent conversation he had with a Goldman Sachs trader. According to an excerpt from his post:
If you don’t shop around for your investments or learn to how to make sure you’re getting the best deal, you do set yourself up to be taken advantage of. [...]
Just something to consider before casting your vote this election season.
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Outsmarting Investment Fraud
After watching FRONTLINE’S Video “The Warning” which exposed rampant fraud at the topmost level in this country, I’m almost too discouraged to report information that may help prevent less significant fraud. It’s almost like we’re doomed to failure at keeping the crooks from stealing our savings.
But, what the hell. If it’ll save an honest American [...]