Investments
Next Entries »What Is A Ponzi Scheme?
Saturday, August 8th, 2009A Ponzi scheme, named after Charles Ponzi who made a successful criminal career in the 1920s by defrauding thousands of people, is a financial or investment fraud that uses money or make profits from assets of new investors to pay off old investors. Ponzi used this method to pay investors fifty percent on short-term investments [...]
NYC Taxi Medallions and Investment
Sunday, June 28th, 2009NYC taxi medallion is a transferable right given by the city to pick up passengers without some arrangement. The dollar value is steadily rising and may soon hit the “million” marks.
This right has for over 60 years remained at just 11,787, so what has led to this sudden sharp increase? It’s after Mayor Giuliani approved [...]
Basics of ETF Trading
Sunday, April 12th, 2009ETFs, otherwise known as exchange traded funds first came into existence in the early 1990s and its main purpose is to serve as an investment vehicle that is being traded like stocks.
Trading ETFs is as easy as when you are placing an order with your broker whether placing it with your full service advisor or [...]