Archives for November 2018

November 2018 - Page 16 of 16 - Money Morning - Only the News You Can Profit From

Watch Out for the Financial Industry's Latest Scam

Annuity sales are rising thanks to the demise of the "fiduciary rule," a Labor Department rule requiring brokers to act in the best interest of their clients.

Sales are up 25% already, a clear sign Wall Street is foisting these expensive products onto investors who don't need them.

Since we don't want our readers falling for Wall Street's money grab, we're giving you three tips on how to avoid the scam...

Forget the Bears - It's Time for the Alligators to Run the Markets

It is that time of the year again…

Halloween's over; the skeletons and pirate zombies are back in the attic. My wife and I are now having animated discussions about just how soon the Christmas Pelican can take up residence in the yard. As always, I shall initially insist on the second week of December and stage a gradual retreat eventually settling on Thanksgiving weekend.

College football is in full swing, and the all-important Army-Navy game is now just weeks away. Once I manage to overlook the absence of baseball, it really is an excellent time of year.

This year, though, there's a fly in the ointment: the markets.

They've gone stark raving bonkers, staging some gut-wrenching declines and breathtaking counter-rallies.

Personally, I don't pay much attention to daily price moves, at least until my numbers tell me it's time to get interested in a particular company.

The truth is, I find the constant "What's the market gonna do next?" questions decidedly un-festive.

In short, all this noise, the ridiculous questions, the endless punditry… it's harshing my autumnal vibe.

I'm guessing you feel the same way, so here's what we're going to do about it...