I would like to draw attention to question #22 in our article Help Wanted…”Is any of your compensation based on selling product? Explain?” In 2004, the Securities and Exchange Commission put foreword a rule change that would help satisfy its mission to “protect investors and maintain fair, orderly and efficient markets,” and was dubbed the […]
In my opinion, they don’t fear God; they don’t believe in karma; but according to their new advertising campaign they are “World Wise,” whatever that means. Morgan Stanley has frequently been in my crosshairs here in the Markowski Monthly and on the radio show, and I have used various colorful adjectives to describe my feelings […]
On February 13th the Bank of America Corporation began to offer credit cards to customers without Social Security numbers (illegal immigrants). File this one under slippery slope. For year’s banks all across the country have been offering checking accounts and mortgages to “undocumented immigrants.” Credit cards were a natural progression of business as usual. The […]
“Are investors waking up and smelling the dividends?” According to Eaton Vance Corp’s Eighth Annual Investor Study found that 45% of surveyed Americans stated that they have increased their investments in dividend paying securities over the past three years compared with only 16% who said they have decreased dividend investments. 73% of Americans surveyed agreed […]
“Are investors waking up and smelling the dividends?” According to Eaton Vance Corp’s Eighth Annual Investor Study found that 45% of surveyed Americans stated that they have increased their investments in dividend paying securities over the past three years compared with only 16% who said they have decreased dividend investments. 73% of Americans surveyed agreed […]
A problem that many retirees with significant amounts of company stock inside a retirement plan are encountering is good ole Uncle Sam. Rather than follow the conventional wisdom that is pushed down your throat by ignorant brokers and financial firms who are telling you to roll it all over, we have a better way. A […]
There are two types of investment advice available to investors; brokerage accounts and advisory accounts. The unfortunate and painful reality is that not only are investors unacquainted with the significant discrepancies between the two, they are unaware that there is a difference. In a 2006 Investor Perception Study… 54% of investors held the false belief […]
There are two types of investment advice available to investors; brokerage accounts and advisory accounts. The unfortunate and painful reality is that not only are investors unacquainted with the significant discrepancies between the two, they are unaware that there is a difference. In a 2006 Investor Perception Study… 54% of investors held the false belief […]
I am no mathematics expert, (I have made fun of my lack of talent on these pages and on the show) but at least I can do basic algebra. It turns out that “the smartest guys in the room,” some of Wall Street’s biggest brokerage firms cannot even do that. Judith Burns of the Wall […]
In an unfortunate trend that we are witnessing more and more frequently is the misuse of the radio airwaves to sell penny stocks, annuities and other high commission low-value investment products or once-in-a lifetime business deals. In a Wall Street Journal article by Jennifer Levitz she interviews Rick Santos, Manager of WLQY AM in Miami, […]