Rouge Broker Steals $1.3 Million From an 89-Year old!
By Mack Bekeza On July 2016, FINRA discovered that Travis Wetzel, a former broker who was originally barred from the industry in 2013, had been making fraudulent annuity withdrawal requests for an 89-year old’s Variable Annuity with Prudential. Once Prudential got wind of this, it immediately investigated the situation and discovered that the withdrawals were […]
How to Get the Most Out of Index Funds
By Mack Bekeza Although index funds can be an excellent choice for retirement investing, many people do not have a complete understanding of how they work. Before we get into the main topic, let’s get some facts straight about what these funds have done historically. Over the long term, have index funds outperformed the large […]
Our Thoughts…
Over the past few weeks, we have witnessed some heinous actions across the world. From a spike in hate crimes in Britain after the Brexit vote, the tragedies in Dallas and Baton Rouge, the two recent shootings in Munich, the mass casualties in Orlando, the Bastille Day Massacre in Nice, France, as well as the […]
The People’s Best Interest…The Battle Continues
By Mack Bekeza The official ruling for “fiduciaries,” meaning people who are legally bound in the best interest of retirement investors, will not take effect until April of 2017. However, the Department of Labor (“The DOL”) has been bombarded by lawsuits. This brings us to the recent filing from the National Association for Fixed Annuities (“NAFA”) in […]
How to use Credit Cards the right way!
By Mack Bekeza Credit Cards, just a piece of plastic that spirals people into debt right? Well… not always. In fact, many people who use credit cards tend to actually save money on certain items. That’s right! People can actually save money by utilizing a credit card! But how? Although there are plenty of ways […]
The Importance of Saving
By Mack Bekeza Saving, sounds hard, right? Well actually not as much as you think, but it does require will power and a positive attitude. In most cases, people begin to start saving but end up quitting because of a few things: They save too much and end up having to spend most of it […]
Water Cooler Wisdom: Second Quarter 2016
By Mack Bekeza Is the U.S the only place for long term returns? Although the United States has experienced one of the best bull markets in terms of duration and returns, investors have been wondering what is next. This past year has not been as invigorating as the prior few years and, on top of […]
Why You Need A Budget
By Mack Bekeza Budgeting sounds difficult, right? Well actually, not really. In fact, it is even more difficult not to maintain a budget. Many people think they don’t need a budget, but end up broke by the time their next paycheck comes in. This can lead to a never ending cycle of not having any […]