By: Jack WaymirecloseAuthor: Jack Waymire Name: Jack Waymire
Email: jack@paladinregistry.com
Site: http://paladinregistry.com
About: Jack writes for the InvestorWatchdog website and Worth magazine. He worked in the financial services industry from 1976 to 2004. For twenty of those years he was the president of a Registered Investment Advisory firm and a Broker/Dealer. Jack is the author of Who's Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor and is a co-founder of PaladinRegistry.com.See Authors Posts (87) | November 7, 2009 | Bad Products & Services, Deceptive Sales Practices, Illegal Schemes & Scams

In a fictitious scenario you attended a retirement planning seminar and met a person who reeked of respectability in his pinstripe suit, button down shirt, and wingtips. He was one of the most likeable people you had ever met and he immediately began asking you questions about your personal financial situation and your goals. You interpreted the questions as him taking a [...]

By: Glenn EdwardscloseAuthor: Glenn Edwards Name: Glenn Edwards
Member: Member Paladin
Quality Rating:
Email: glenn@afadv.com
Site: http://paladinregistry.com/external/beaninformedinvestor/advisor_profile.php?advisor_id=2867
About: See Authors Posts (4) | November 6, 2009 | Investor Information

One of the oldest and most “trusted” sources of investor information and fund management has succumbed to committing fraud against investors. I can remember using Value Line as a resource for class research and term papers back when I was an under graduate student in the 1970s. Granted, the fraud committed was not against the [...]

By: Matthew Arndt, CFA, CPA, CFP | November 6, 2009 | Investor Information

So many have endured such spectacular losses due to the 2008 Credit Crisis and other misfortunes like the Tech Bubble of 2000 it’s not even funny. What is the impact of huge losses on an investor’s ability to accumulate savings? The best way to answer this is to look at some simple examples:
*If you experience [...]

By: Matthew Arndt, CFA, CPA, CFP | November 6, 2009 | Investor Information, Wall Street Ethics

Any quantifiable answer to this question should be looked at with great skepticism. Any serious answer to such a question is laughable. Anyone who would project that far into the future should be treated as either a fool or a fraud. This becomes a question of ethics because no honest, intelligent person would make such [...]

By: Evor VattuonecloseAuthor: Evor Vattuone Name: Evor Vattuone
Member: Member Paladin
Quality Rating:
Email: evor@aspire.biz
Site: http://paladinregistry.com/external/beaninformedinvestor/advisor_profile.php?advisor_id=2758
About: See Authors Posts (3) | November 5, 2009 | Bad Products & Services, Illegal Schemes & Scams

Using reverse mortgages to fund annuity premium payments has become an increasingly used scam by unscrupulous loan officers and annuity salespeople. Usually a reverse mortgage is for seniors who need the money for living expenses, not deferred annuity payments.
But, with the attraction of hefty commissions on annuity sales, there are a growing number of [...]

By: Matthew Arndt, CFA, CPA, CFP | November 4, 2009 | How to Select Advisors, Sales Representatives

Do you currently invest your money with a close friend or a neighbor? Has this person butchered your portfolio through the ups and downs of the market, but you’re afraid to say anything because of the close relationship you have? Is this personal connection blinding you to reality and interfering with the achievement of your [...]