We regularly highlight and discuss many horror stories regarding the investment industry and its victims in the Markowski Monthly and the Watchdog on Wall Street Radio Show. John Donofrio, our in-house tax-professional and head of the accounting firm Donofrio Inc. tells me that similar carelessness and lack of scruples is commonplace in the wonderful world […]
Many of our clients have multiple accounts within their households. For example: you might have an individual brokerage account for you and your spouse, retirement accounts, checking, and accounts for your children etc. Managing all of these accounts can be quite complicated and often time consuming. SelectLink is a feature that clients can utilize which gives […]
Health Savings Accounts (HSA’s) have become even more attractive as savings vehicles. Changes have been implemented that will allow for increase in hundreds of dollars in taxfree contributions a year. Health Savings Accounts which we have discussed at length and offer to our clients must be coupled with high deductible health insurance. They allow for […]
It’s that time of year again. It is time for the media to roll out their yearly boilerplate pieces on “How to Improve Your Finances”, “Top Stock Picks for 2007,”and “Financial Resolutions.” Everyyear the so-called financial guru’s take to the talk show airwaves with their brilliant insight on how to turn oneself into the next […]
My son Stephen is quite fascinated about how Santa Claus keeps and maintains his naughty and nice list. I don’t know whether he is looking for loopholes in the deal or is genuinely concerned about his status for December 25th. What I do know is that I would like to thank Santa for making it […]
The ABC Network has a new show coming out this winter entitled Daybreak. The promo for the show from ABC’s website states… “Detective Brett Hopper’s life takes an unexplained detour when he’s charged with killing a district attorney, discovers his loved ones are in danger and that he’s being framed — and forced to relive […]
Hollywood has taken great liberties and made a great deal of money in its portrayal of the “Wall ,Street Master of the Universe Tycoon” character. There was Richard Gere playing Edward Lewis in the film Pretty Woman, (a Disney film about a hooker…Gee, it’s too bad and a wonder they didn’t make an attraction about […]
I am going to invent a word. Obliviousity Definition: A rapidly growing (at least to me) annoying trait of modern society and our modern workforce that embodies feckless behavior, absence of any attention to detail, and a chronic lack of pride that many workers take in their endeavors. For example: I was out to dinner […]
“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence..” John Adams, ‘Argument in Defense of the Soldiers in the Boston Massacre Trials,’ December 1770 We are heading into the mid-term election, which means it is time once […]
ANNUITY SALES In March of 2005 in our article The Perfect Mark we chronicled two cases of banks taking advantage of senior citizens through the use of local branches and tellers. The scam perpetrated by Citizens Bank was as dubious as they come. Tellers at the bank earned compensation on a point system by referring […]
