Investment Strategy News
$3M Lotto Winner Pleads Guilty to Using Prize Money to Fund Illegal Meth Ring
A Georgia man who won millions in the lottery could face life in prison after pleading guilty to using a portion of his prize to invest in a crystal meth operation. Ronnie Music Jr., 45, of Waycross, Georgia, pleaded guilty last week to federal drug and gun charges after U.S. attorneys presented
Resist Fear and Greed By Investing for All Seasons
The current bull market has persisted for about six years now. This is a tale of two types of investors and their behavior in this kind of market. One is limited by fear and the other is at risk from greed – the two nemeses of successful investing. Both types of investors make mistakes that
How Impact Investing Can Earn Returns, Peace of Mind
As the bull market roared in the 1990s and fortunes were made (and lost in the tech-stock crash of 2000), there came into vogue among some investors a practice known as socially responsible investing, or SRI. This type of investing had been around for decades. In the late '90s, it became known as
How Investors Can Harness the Power of ETFs
Investors who wisely seek to avoid active management — where investors or the managers of mutual funds they own choose stocks for portfolios — have long turned to index funds because they remove this discretion and the risk it brings. These funds track indexes, such as the S&P 500. This form of
Five Questions to Ask Financial Advisors
If You're Thinking About Hiring Someone to Manage Your Money, Read This First
San Francisco Couple Deemed 'Landlords from Hell'
Act 1: Kip Macy talks exclusively to ABC's "20/20" about terrorizing tenants with wife Nicole Macy.
'Landlords From Hell' Terrorized Tenants
We turn to the california couple that's been nicknamed landlords from hell. Terrorizing their tenants. Their outrageous tactics, including robbing their renters, all captured on camera. And lly, it's landed them behind bars. Chris connelly has their story. Reporter: Flipping homes for profit. It's
Stocks: Time to Hit the Exits?
At a recent investing seminar I conducted, a gentleman voiced a concern that is common in the current high-flying stock market: He didn't want to invest in stocks until after a major correction — after the market falls substantially. His skittishness is understandable. It's never a matter of
Why Cruise Control Doesn't Work in Retirement Planning
Asset allocation — the percentages of your portfolio that you hold in different types of investments— is critical to investing success. A well-designed asset allocation that is adjusted periodically for changing circumstances can significantly reduce risk and increase returns. Yet too many
US Officials: China Refuses to Help Stop Investment Scams
The Chinese government snubbed a U.S. request for help in cracking down on a string of alleged investment frauds that have cost Americans billions, outgoing Securities and Exchange Commission Chairman Mary Schapiro told ABC News. The lack of cooperation has stymied efforts to recoup investor