Financial News

What defines “real”? The search for authenticity is occasionally embarked upon by the individual in an effort to find some kind of existential meaning. The attentive gourmand strives for real food, the wife for real love, and the artist for real expression. But how to define this so-called real is always fraught with ambiguity. [...]

The SEC recently released a statement which says that a lawsuit is being brought against two brothers who were running a penny stock scam. The way it worked was like this: the brothers touted a stock picking robot that could predict with amazing accuracy which stocks investors should be getting into. Meanwhile, behind the scenes, [...]

Everybody wants to retire comfortably, but there are a number of common scenarios which can do serious damage to a personal retirement fund. Here are the top five pitfalls that retirement investors should keep at the top of their watch list. 1. Pension Plan Restructuring One of the recent trends amongst bigger companies is [...]

Yesterday the WSJ ran the headline “Stocks Snap Losing Streak”. Of course that’s good news as it means the economy is finally picking up, right? The long financial slog might be coming to an end as consumer confidence builds, NFL refs get back on the job, and the positive rhetoric of the Presidential race [...]

The political season is reaching its zenith with partisan spin galore and the continual entrenchment of political bickering as the new morality. Now that the point-counterpoint-spin cycle has shown to be successful, it was only a matter of time before we see seepage into other industries. Enter the retirement business. Point: The DOL recently [...]

The Wall Street Journal reported today that two self directed IRA custodians are facing a major lawsuit. Entrust and Equity Trust are being accused of not performing due dilligence when approving financial advisors, as well as outright fraud by misrepresenting individual client accounts. However the dust eventually settles, one thing remains clear: it behooves [...]