We’re all too familiar with the doctrine of “caveat emptor”, or buyer beware, which places all responsibility for a bad deal on the shoulders of the consumer. Caveat venditor reverses that responsibility, placing all responsibility upon the seller. With financial products and services, both are true, as the case below shows. A quick check with http://brokercheck.finra.org/ […]
I don’t think I have to remind you that this post heading is a MYTH. What’s astonishing with the case below is not so much the jaw-dropping audacity of the crook but the carelessness of his victims. Here’s the story, according to an article by Marlene Y. Satter in ThinkAdvisor. (See my Do’s & Don’ts
Annuity Salespeople Are All Honest & Competent Because of Special Licensing Read More »
I don’t think I have to remind you that this post heading is a MYTH. What’s astonishing with the case below is not so much the jaw-dropping audacity of the crook but the carelessness of his victims. Here’s the story, according to an article by Marlene Y. Satter in ThinkAdvisor. (See my Dos & Don’ts
Annuity Salespeople Are All Honest & Competent Because of Special Licensing Read More »
I don’t think I have to remind you that this post heading is a MYTH. What’s astonishing with the case below is not so much the jaw-dropping audacity of the crook but the carelessness of his victims. Here’s the story, according to an article by Marlene Y. Satter in ThinkAdvisor. (See my Dos & Don’ts
Annuity Salespeople Are All Honest & Competent Because of Special Licensing Read More »
Reminder: These Financial Myths Headings are Myths. No. 8-10% is not a reasonable rate of return, even though national investment “superstars” still claim that it is.Here in Oregon, that point has been driven home . . . again, unfortunately, by Aequitas Management. The article that follows is long but instructive. (Thank you Advanced Regulatory Compliance,
8 to 10% Is A Reasonable Expected Rate of Return Read More »
This blog heading is colloquially true, especially when it comes to Investment Adviser contracts. A recent review of compliance violations found- first of all- that 22% of advisers didn’t have contracts with their clients. A contract isn’t required unless a fee of some kind is collected from or owed by a client. So if you
THE DEVIL IS IN THE DETAILS Read More »
Ok, this is NOT a myth. These steps come verbatum from the ever-helpful IRS. RS Security Awareness Tax Tip Number 3, December 7, 2015 Español The theft of your identity, especially personal information such as your name, Social Security number, address and children’s names, can be traumatic and frustrating. In this online era, it’s important
Seven Steps for Making Identity Protection Routine Read More »
Wish this was true, but it’s yet another Financial Myth. You can read the whole article here, or, my abridged version below.http://www.irs.gov/uac/Newsroom/IRS-Warns-Taxpayers-to-Guard-Against-New-Tricks-by-Scam-Artists It’s good to know the 5 things IRS will not do: Angrily demand immediate payment over the phone, nor will the agency call about taxes owed without first having mailed you a bill. Threaten
RELAX, IRS has eliminated Fraud Read More »