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Sunday, 18 October 2020

Do you still want to close your savings account??

 Hello folks, I saw this article on someone's facebook wall and decided to bring it here because there's a fundamental flaw I noticed in this facebook post. Here's the article.  THE POOR, THE RICH AND THE BANK A bank is a broker between the poor and the rich. The common place where the poor and the rich meet is the bank. The poor brings money in the form of savings. The rich takes it through borrowing. A poor person saves the money because...

Saturday, 10 October 2020

Red flags to watch for when investing

Financial fraudsters are getting innovative by the day, however with this format you can be steps ahead of them.   Check their registration status. As a matter of fact, all brokers, fund managers and investment advisers are required by law to register and get statutory licence from the Securities and Exchange Commission. It is very necessary that your fund manager be captured in the SEC database. This is to give you a platform to seek redress...