Promises Made, Promises Kept: The ‘Cross Your Heart’ Investment

Wall Street made promises to all of us. They promised to provide us with products that had value and an agreed upon level of safety. They failed in that promise. The reason is very simple; they are greedy and placed their own needs and goals over the people who trusted them and their products. I happen to feel the blame is very narrow on the Wall Street category and responsibility really lies with only a handful.

By |2020-04-12T23:42:18+00:00February 14th, 2019|Annuities, Annuities 101|

Promises And Guarantees Are Not The Same Thing

Recent update: https://www.cnbc.com/2019/01/28/woodbridge-group-ordered-to-pay-1-billion-in-penalties-for-ponzi-scheme-targeting-retail-investors.html In the old movie, The Road to Morocco, Bing Crosby and Bob Hope show their pure comedic brilliance.  One of the best parts of the movie is when they become lost in a Moroccan desert and see a mirage, the outcome is hilarious.  Of course, the illusion is not real, and they end [...]

By |2020-04-16T19:38:58+00:00February 4th, 2019|Investing|