Your Investment!

Anyone out there looking to go into business for yourself? If so consider starting a franchise business that offers a lot of support that can help you meet your needs. Do a search for a site that has a whole list of businesses you can join with. I was looking around on the site and I was amazed by the amount of internet franchises you could join with. Most of these companies you will find, a franchise business that will meet your budget. With a lot of people losing their jobs today they’re looking for somewhere to turn. And I think these site’s can just do it for them.

Tags: franchise business, Investment!

Isn’t Cheap!

Are you looking for a place to buy gold coins and jewellery online? If so you need to check online first. Locating a good company to buy gold coins from isn’t an easy thing to do. I would recommend that you only use a well established company located around you, or within your country. From what I’ve read on websites you should only you certified dealers. I would also use the ones that have been in business the longest too. This way I would think they just might know a thing or two when it comes to gold and jewellery. Anyway, Gold isn’t cheap, so make sure you research before you buy.

The SEC Failed!

The Securities and Exchange Commission has failed all Americans and investors worldwide. They failed us because they put to much trust in these fat cats on Wall Street, like Bernard L. Madoff who ran the biggest Ponzi scheme in U.S. history. And the next question the SEC should ask themselves is, who else is doing this? The SEC regulators in charge of watching over people like Bernard L. Madoff should be terminated immediately. They’re weren’t doing their job then and they’re not doing it know, so cut them. And the whole crazy thing about all this is that the SEC didn’t even catch him, his family turned him in. If SEC Chairman Christopher Cox doesn’t act fast he should too. After all he should be making sure the people that work for him should be doing their jobs. If you ask me, I would be willing to bet that a few SEC regulators looked the other way to fatten their pockets, nothing surprises me these days.

Tags: Bernard L. Madoff, SEC, SEC Chairman Christopher Cox

No Idea Why!

I’m sure that most of you have already heard about Ex-NASDAQ chairman Bernard L. Madoff was arrested on a securities fraud charge. He’s being accused of running a “Ponzi scheme” to the tone of $50 billion. Anyway that’s what he thinks the amount was. The amount investigators say is around $18 billion in cash. I would be willing to bet that no one will ever really know the amount, because of the size of the fraud. And the real dumb thing about all this is that some of the investors always thought that Madoff, 70, was doing something wrong, and that’s why they invested with him. But they thought maybe insider trading because of the results he was producing, but that wasn’t the case. If you have no idea what a “Ponzi scheme” I will do my best to tell you. It’s when you get about 100 of your family and friends to invest $1,000 up front. Then you just simply send them a statement every quarter stated that their invested made 1 or 2 percent. You keep the amount just low enough to keep them happy and to make sure they keep their money with you. Then as you send them their statement every quarter showing increases they start getting happier. Then they start telling their friends and family to invest into the fund, and then it begins to grow. I boy did it grow, somewhere in the middle of $18 to $50 billion. The problem for Madoff was when clients started to ask for their money to be pulled out. And when he no longer could cover the withdraws any anymore, it fell apart. He’s now looking at 20 years in prison for what he did. He want to head on over to MBT shoes to pick a new pair for court. Anyway, why he did this crime is anyone’s guess at this point. There’s more to this story but I will wrap it up with this, don’t trust any investor, invest on your own.

Tags: Securities Fraud