Saturday , 23 October 2021

Finance

The Biggest Ponzi Schemes EVER

Ponzi schemes are a type of financial fraud that lures investors by promising abnormally high returns. To help you learn more about these sophisticated crimes, this infographic examines some of the biggest Ponzi schemes in modern history. The scheme is named after Charles Ponzi, an Italian who became infamous in the 1920s for claiming he could double his clients’ money within …

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These 10 Money Ideas Have the Power to Change Your Life (+11K Views)

Personal finance isn't nuclear physics - just spend less than you earn, save and invest the rest - but knowing what should be done and actually doing it, however, are two different things. Here are 10 money lessons I wish I had known when I was 20 which have the power to change your life if you are willing to embrace them. Words: 1340

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What is the “Rule of 72”? Why Should You Embrace It?

The Rule of 72 is a time-proven method to predict how long is needed for a portfolio or income stream to double. Take a moment and learn more about the benefits of this time-tested tool and how to use it to determine the yield necessary - or the time frame needed - to achieve your goals.

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Financial “Advisors”: Who To Hire; When To Fire

Most financial "advisors" are really not trained to be skilled investment experts. They are trained to gather assets and keep their customers happy. They are salespeople. Is your financial "advisor" selling you services that amount to not much more than a smile or is he/she offering real substance that will help you meet your financial goals? You should take a long hard look at your financial advisor and rethink what you expect of them and this summary of articles does just that.

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