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Is Your Special Investment a Ponzi Scheme?

by Flexo

Here is how a Ponzi scheme works. The individual running the scheme promises abnormally high returns over a short period of time to the initial investors. These investors provide the start-up capital, and the schemer will do whatever he likes with that money, either invest it, spend it, or let it sit in a bank. ... Continue reading this article…

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Debunking 13 Retirement Myths, Part 1

by Flexo

Money Magazine is on the scene again, spreading the truth about retirement, contrary to some popular beliefs. Within, these is some good news alongside bad news. Here are the highlights. Myth #1: You need a big income to have a big nest egg. Some creativity can go a long way. By finding ways to save ... Continue reading this article…

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Investing Scams

by Flexo

CNN Money is running a story about the most popular investment scams. Similar stories are being run on MSN Money and Bankrate as well. In fact, the story is everywhere. Here are the top ten scams, as measured by the North American Securities Administrators Association. The links below provide more information on each of these ... Continue reading this article…

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