How to detect rogue advisors
Charles Ponzi, Bernard Madoff and now Allen Stanford—all respectable and illustrious names that concocted the most outrageous scams in the history of financial frauds. They looked directly into the eyes of their unsuspecting victims and robbed them of every penny of their hard-earned money.
Each one of these scams could have been avoided, if only investors...
A risky method to riches
There is a time to buy stocks and there is a time to sell them. And then there is a time to sell them short. If you are able to sidestep a cascading decline, like we witnessed last year, you can preserve your wealth. If you can sell short (that is sell stocks you don’t own and buy them back later), you can actually profit from a decline. According to Michael...
Investing is part science and part art and there are only two major approaches. It could be fundamental (based on financial data) or it could be technical (based on price patterns). These days, some books openly suggest that you buy and sell quickly and sell stocks short. But this book claims to offer a perfect portfolio methodology (PPM), a revolutionary new approach. Is this pure bluster?...
