$0.02 I don’t necessarily mean specific investments involving risk where you just turned out to be unlucky (although you can include those if you wish). I’m looking for well-meaning advice given by someone who sincerely wanted to help (and wasn’t just in it to try and sell something to you) that just turned out to [...]
Day Trading is what they called as the practice of endorsing and marketing of financial instruments to the investors all throughout the same investing day such that all positions are generally closed just before the market close for the trading day. Traders that participate in day trading are called active traders or day traders. Some [...]
When you’re faced with a great stock offer that seems too good to be true, don’t forget the cliche, not all that glitters is gold. People who are into penny stocks are bombarded with offers every single day that it is just so easy to ride the seemingly perfect wave that some many reputable investors [...]
Penny stock fraud typically involves one or several kinds of investor fraud: Pump and dump schemes that use false or misleading statements to hype up stocks, which are then “dumped” on the public at inflated prices, usually through telemarketing or Internet fraud; chop stocks, or stocks bought for pennies but sold for dollars, affording both [...]
We have all seen good ideas turn into bad things. Sometimes it just happens. And oftentimes, it is not the idea itself but some people that make the situation take a wrong turn. That is exactly what happened to stock promotion. The Internet, in particular, has a lot of swindlers because of the anonymity that [...]
No one ever wants to get into a fraud situation, especially if there is money involved. But sad to say, there are a lot of unscrupulous individuals out there, and if youre not careful, you could fall into one of their schemes. So the best line of defense is to educate yourself. There are different [...]
Up-to-date, accurate Information is still your best tool when it comes to investing in stocks prudently and effectively. But data on “penny stocks” stocks that trade for about $5 or less are often quite difficult to search out. Many companies that issue these stocks don’t have to file financial updates with the SEC, so it’s [...]
Retirement may be a long way off for you – or it could be right across the curve. Regardless of how near or far it truly is, you have certainly got to start off saving for it now. Still, saving for retirement is not what it used to be considering the increase in expense of [...]
googlemaniac Where do you go to get financial advice when you have a bad credit score as a result of identity theft? I plan to get a new car as well as a new house/condo in the next year or so, but creditors are quick to reject a bad score, even though I pay my [...]
Congratulations, you are now on your way towards eliminating debt. Find a quiet area with 2 large blank sheets of paper and a pencil. Include your partner here if you have joint debts. On the 1st sheet of paper, write down every debt you have no matter how small and total it. On the 2nd, [...]