Thank goodness for both! I was scrolling through my Facebook feed over the last few days and I have seen a simple yet “catchy” ad for an investment crowdfunding platform. Now for the record, as you know, I despise this model, as it goes against every bone in my body for what my firm was … Continue reading
Category Archives: Scams
Scam… Scam… Everywhere a Scam
My latest experience is one that ever Baby Boomer needs to hear. If you are my age, you might have lost one of your parents, but if you are lucky, maybe not. Enter the world of being the parent…for your parents! You might not like it, want it, or seek it…but if you are also … Continue reading
ICO’s… If You Can Dream it, We Can Sell It
OK, disclaimers first! Everyone knows my disdain over the last two years of the bedlam we have seen in the newly created “asset class” (and I use that term loosely) of cryptocurrencies. In fair dues, and related, I am not blind to how virtually every industry is trying to first understand and then use the … Continue reading
Bitcoin…so, is there egg on my face?
On July 27, 2017, I wrote a blog trying to tell my followers about the difference between speculation and investing. Nothing has changed. What has changed is that the wonderous and mysterious Bitcoin has increased from a paltry $2500 (considered insane then) to over $11,000 USD today. I have had some people continuously remind me … Continue reading
Don’t Confuse Speculation with Investing. Crypto Currencies… GET out!
Tulips come to mind! Generally considered the first speculative “bubble”, investors and common folk alike bought into the never ending rise of tulip bulb prices way back in @1637 A.D. Yes, this is as relevant today and a lesson to be learned. It was coined “Tulip Mania”, where prices rose exponentially and deviated from any … Continue reading