By: Jack Waymire | September 14, 2009 | The Politicians, The Regulators
Let’s face it, people who work for financial services companies are a lot smarter than people who work for the two primary industry regulators (SEC and FINRA).
But it doesn’t stop there. The SEC is controlled by politicians and the politicians cater to Wall Street special interests. The financial services industry spends $300 million per year [...]
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By: Roy Larsen | September 9, 2009 | Investor Information
When we need a new car, we go to a car dealership. A new living room set? Off to the furniture store. You need life insurance you say? Time then for a trip to your insurance agent, right? Well, maybe not so fast. The fact of the matter is there are so many areas of [...]
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By: Jack Waymire | September 8, 2009 | Deceptive Sales Practices, Who Can I Trust?
The most dangerous financial advisors out there are the ones who have developed positive relationships with investors by meeting their expectations then turn bad. What does that mean exactly?
You have used the services of an advisor for years and you have been happy with the results. There is a good chance you have a personal [...]
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By: David Hunter | September 1, 2009 | Investor Information
There may be a million different opinions about this very subject. There may also be a million right answers to this age old question. The problem is that you will not know exactly whether pre tax retirement savings are better than tax deferred, until you retire. Therefore, I feel that tax diversification [...]
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By: Matthew Arndt, CFA, CPA, CFP | September 1, 2009 | Investor Information, The Politicians, The Regulators, Wall Street Ethics
Since it appears through sheer luck we have averted a complete meltdown of our financial system, U.S. lawmakers have grown complacent about passing any legislation to alter the way Wall Street and large financial institutions do business. Being susceptible to Wall Street lobbying, there is resistance on Capitol Hill to enact any meaningful financial-reform. We [...]
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