888-923-9223In today’s low interest rate environment retirees and soon-to-be retirees, on fixed income, often try to get more interest and yield in their retirement nest eggs. These investors should be wary when asking their broker or financial advisor to find investments that have higher interest or dividend rates. The compliant broker may look for suitable… Read more »
Posts Tagged: risky investment
Penny Stock Risks – Caveat Emptor
The securities industry has tough rules when it comes to brokers soliciting the purchase of “penny stocks.” Typically a stock is considered a “penny stock” when it trades for less than $5 a share and it does not trade on a major exchange (e.g., New York Stock Exchange or NASDAQ). Penny stocks normally trade on… Read more »