If you are like many people you may not be confident in making financial and investment decisions on your own. Enter the investment professional. There are two main categories of professionals who can help you: the Stockbroker and the Registered Investment Advisor. They differ in two ways, A) their level of responsibility to you and B) how they get paid. A stockbroker is an employee at a financial firm who is paid a commission based on what you invest. He/she is basically a s

NO WAY! TODAY IS NOT October 19, 1987. I was there, working for PaineWebber in the trenches, talking with Art Cashin on the floor of the New York Stock Exchange on our company squawk box! That was a 22% drop! If you look at todays 831 point drop thats only a little over 3% A 22% drop in todays numbers would be around 5,720 points in the Dow Jones Industrial Average. If you have questions about your Investments, the financial markets or want to learn how to get started in inv

Hurricane Michael Discussion Number 16 NWS National Hurricane Center Miami FL AL142018 1000 AM CDT Wed Oct 10 2018 Michael is an extremely impressive hurricane in visible and infrared satellite imagery this morning. The eye has continued to warm and become even more distinct, while remaining embedded within an area of very cold cloud tops. Data from NOAA and U.S. Air Force Hurricane Hunter aircraft indicate that the pressure has continued to fall this morning and is now aroun

It’s one of the most significant decisions a person can make: Who can I trust to monitor my investments? A five-letter acronym known as FINRA can be a good place to start. Known as the Financial Industry Regulatory Authority, FINRA offers a tool called BrokerCheck that offers free background checks of investment professionals. In the case of Lee Wimmer, the disgraced head of now-bankrupt Cornerstone Enterprises of Greenwood, a run of his name through the database reveals that