With recent news that oil prices are falling, it's easy to assume that inflation will drop as well. And yes, falling oil prices do tend to pull inflation down, but there is much more to consider. Oil has dropped significantly in recent weeks. As of June 23, Brent
A real estate investment scam raked in $56 million from 600 investors while the perpetrator served a prison sentence and his wife fronted the South Florida scheme. Neither was registered or licensed to sell investments. The West Palm Beach Ponzi-style investment scheme was headed by what was called the
Do you only hear from your financial advisor when a bond matures? Or when they want to sell you a complicated investment with no doubt big fees? One firm is touting its AI prowess, claiming it will enable financial advisors to double or triple their client base "without adding
This could be about any generation. We will take Baby Boomers as an example, but it could be GenX or Millennials — any age group can fall for this money hazard. Comparing your net worth to the Baby Boomer average net worth is an exercise in futility. First, the stats: The
Retirees with government work experience, or former members of the military, or contractors with expertise in security, technology, or even economics, should be aware of a growing threat. In an official FBI notice, the agency says foreign intelligence services frequently use professional networking websites, social media platforms, and job boards
Amazon's Prime Day — as well as Walmart Deals and Target Circle Deal Days — can be retail money hazards. They are designed to make you feel like you’re saving while potentially pushing you to overspend, buy things you never needed, and even take on credit card debt that
You know that nagging feeling of running short of money at the end of the month? The rent or mortgage payment is about to be due. You need to go to the grocery store. You've got a credit card bill that's about to be late. It&
These days, everything is all about AI. Artificial intelligence, agentic workflows, chatbots and all the rest. But what if your financial advisor is using AI to manage your account, respond to emails and formulate investment ideas? And didn't tell you? How would you feel about that? Would you
Sometimes the worst money hazards are the ones where we fall for a pitch that sounds too good to be true. Would you take the bait on this one? Nathan Fuller, of Cypress, Texas, allegedly convinced 150 investors — read that again: 150 investors — to invest approximately $12.3 million in
Sometimes financial advisors recommend investment products that are hard to understand. When hearing their pitch, I'm not sure that they know how these "black box" investments really work. One such investment is the "structured product." These big-commission investments can carry upfront fees of
This will not be news to you. But we're here not only to expose the hidden money hazards you may not be aware of, but also those you may well know about but haven't solved yet. Equifax, the credit data company, just released a study revealing
