Category: protecting investors

Bitcoin Bubble Bursting? Price Plummets Towards 50% in Losses

Jan 18, 2018 / Cybersecurity

Bitcoin’s price on one popular exchange, Coinbase, cascaded downward yesterday — dropping nearly 50% in one month from its earlier price of nearly $19,000 in mid-December of 2017, before slightly rebounding to about 35% of its mid-December value. The rapid decline has led some to wonder whether the Bitcoin bubble is finally bursting, or if the downward turn is simply a market correction reflecting Bitcoin’s equilibrium price (the price where […]

Learn More

Our Take on Federal Fiduciary Rule

Jan 10, 2018 / News

Chris Vernon discusses the Fiduciary Rule that has been in and out of the news lately. It is important that investment professionals have a duty to act in the best interest of their clients.

Learn More

Avoid Being Sold An Annuity That You Do Not Need

Dec 19, 2017 / protecting investors

Annuities are grossly oversold in the U.S. today. I have a friend in the financial industry who holds a Ph.D in economics, is a Chartered Financial Analyst, and manages hundreds of million dollars who once summed up annuities to me like this: “If annuity companies did not pay big commissions to the agents hawking these annuities, only about 1 of 10 annuity recommendations would be made.” The reality is that […]

Learn More

Using Debt to Buy Bitcoin is a Bad Idea

Dec 15, 2017 / Cybersecurity

Joseph Borg, the president of the North American Securities Administrators Association and director of the Alabama Securities Commission, reported on CNBC this week that he had seen “mortgages being taken out to buy Bitcoin. People do credit cards [and] equity lines.” Investing with Borrowed Funds Is Risky Bitcoin, which briefly topped $19,000 on exchanges last week, has been aptly named “crypto tulips” by skeptics and “undervalued” by bullish investors. No […]

Learn More