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Money Hazards

Money Hazards

USA

Is your financial advisor using AI for investment recommendations — and hiding it?

Is your financial advisor using AI for investment recommendations — and hiding 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

AI-based crypto trading bots fail to generate 'guaranteed profits.' Can you guess what happened next? (Hint: $12.3 million loss)

AI-based crypto trading bots fail to generate 'guaranteed profits.' Can you guess what happened next? (Hint: $12.3 million loss)

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

Money hazards: 'Structured product' investment sales under regulatory review

Money hazards: 'Structured product' investment sales under regulatory review

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

Money hazards: The #1 hazard to your financial security, and for many people, it's getting worse.

Money hazards: The #1 hazard to your financial security, and for many people, it's getting worse.

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

Money hazards: Two inept financial advisors result in a $2.6 million loss for clients

Money hazards: Two inept financial advisors result in a $2.6 million loss for clients

Money hazards: All the things that threaten your financial security

Money hazards: All the things that threaten your financial security

Mistakes, large and small, that people make with their money. But even more importantly, the latest scams, investment traps, bad actors, and illicit financial advisors who are ripping off people’s life savings. This is Money Hazards, a brand new site that's just getting started. Things will be