What is affinity fraud?
Question:
Answer:
Affinity fraud refers to investment scams that prey upon member of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. The fraudsters who promote affinity scams frequently are - or pretend to be - member of the group. They often enlist respected community or religious leaders from in the group to spread the word about the job, by convincing those people that a fraudulent investment is lawful and worthwhile. Many times, those leaders become unwitting victims of the fraudster's ruse.
Many affinity scams involve "Ponzi" or pyramid scheme, where unusual investor money is used to make payments to sooner investors to give the false figment of the imagination that the investment is successful. This ploy is used to trick new investors to invest contained by the scheme and to lull existing investors into believing their investments are secure and secure. In actuality, the fraudster almost always steals investor money for personal use.
Affinity fraud
it is nil but breach of trust, . a group of investors have on an organisation or a being.
HM is one and CRB is another and KP is the latest.
You linger ... theer will many more surrounded by the liberalisation era.
People believe that he will bring them the moon, without realising that it is without a solution for any body for that matter.
Everyone, contained by some way or another, is connected to a group, association or community-based group. Our interests, backgrounds, and other factor will naturally organize us to those affiliations that best serve our needs. Race, culture, and religious beliefs also play a role within identifying us as member of unique groups that we normally come to trust — sometimes to our detriment.
Affinity fraud is when one person gain the trust of others because they share the same religion, see, ethnicity, career or other social all your own and then deceive them in some nature of financial transaction.
The deception may be intentional, as within the case of an investment scam infiltrator, but could newly as easily be the result of an enthusiastic, but misguided, participant within a local gifting club or international pyramid scheme.
All Blade Chit compnaies are also the aspirants of affinity trust.
Affinity fraud refers to investment scam that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. The fraudsters who promote affinity scam frequently are - or pretend to be - members of the group. They recurrently enlist respected community or religious leaders from within the group to spread the word something like the scheme, by convincing those citizens that a fraudulent investment is legitimate and worthwhile. Many times, those leaders become unwitting victims of the fraudster's ruse.
These scam exploit the trust and friendship that exist in groups of general public who have something surrounded by common. Because of the tight-knit structure of oodles groups, it can be difficult for regulators or law enforcement official to detect an affinity scam. Victims often come to nothing to notify authorities or pursue their legal remedies, and instead try to work things out inwardly the group. This is particularly true where on earth the fraudsters have used respected community or religious leaders to convince others to bind the investment.
Many affinity scams involve "Ponzi" or pyramid scheme, where alien investor money is used to make payments to previously investors to give the false figment of the imagination that the investment is successful. This ploy is used to trick new investors to invest within the scheme and to lull existing investors into believing their investments are undisruptive and secure. In authenticity, the fraudster almost always steals investor money for personal use. Both types of scheme depend on an unending supply of strange investors - when the inevitable occurs, and the supply of investors dries up, the adjectives scheme collapses and investors discover that most or adjectives of their money is gone.
More detailed info is available at the following link
http://www.sec.gov/investor/pubs/affinit...
Canadian Junior Copper stocks?
Question:
I'm looking for a list of Canadian Junior stocks (microcap, markedly small) that mine and sell copper
Answer:
Here is a relationship to the Toronto Stock Exchange and on the page is a link for a document list their mining stocks. Good luck.
Can i buy stocks beside my credit card?
Question:
Answer:
You cannot use a credit card to pay for stock purchases. You can use the lolly you can get from a credit card to pay envelope for it, but brokerage firms do not accept credit cards.
if an exchange allows side-line trading, it is possible.
101% no
Yes, but the credit card charge will be treated like a dosh advance.
102% yes.
You can bring back a cash mortgage and pay for the stock.
(I don't imagine traders use Mastercard or anything else but you can find a way around it using currency advance)
Buying stock requires cash settlement inside 3 days of you placing your buy order. A credit card is not standard. You could get a bread advance from some credit cards to draw together the cash settlement, deposit the brass in your checking explanation and pay for the stock near a check from that account.
No.
Is it better to retire a loan beforehand it permanent status or after the residence?
Question:
Answer:
Depends. You need to consider two things, - interest to be exact on your loan and the prevailing interest at this point of time. If the interest on your loan is lower than the present interest prevailing in the open market then, it is better to verbs because your money will not get better return by returning the laon. Instead the amount that you preference to return, can ve invested elsewhere to get you some return.
On the other foot if the interest on your loan is more than the market rate than you may consider returning the loan. Here too you entail to consider two things. One if you return prematurely, you may have to foot penalty for doing so. Therefore does it assert it? And second is for how long have you be with the loan, if it is already remunerated about 70% consequently, you may consider to continue. The origin is that most of the lenders will have already taken the interest on adjectives you amount by this time. What you are returning at this point of time is mostly principal amount.
Before, usually there are penalty attached to not paying the loan on time.
Please nick the time to read and understand the jargon of the loan.
Actually it's better the retire it before the jargon, since it's a liability, but now a days adjectives the Banks Charge penalty even you retire the loan until that time it terms, so it's advisable to do it on the Time.
If your resources warranty, do it in spite of the cost clause [if there is one]. It give mental peace. Before that calculate the good you make by verdict.
Depends upon the rate of interest on your loan and the prevailing rates of lending and deposits. Also consider cost for delay and incentive for hasty return, if any. You have to look at the opportunity cost.
It is better to retire a loan until that time it term bcoz u quality urself free from ur comitment at the earliest. you can move for some other comitments and decisions.
It depends on the current int. rate scenario and the int. rate forecast.
In an adverse situation,
agree to us say, loan is contracted at 10% fixed,
and if interest rate scenario is on the crash down, in such a track that the loan will be available at a rate cheaper than what ever you are going to pay as cost for foreclosure right now, consequently better retire the loan before the later life.
On the other hand, if the int. rates are on the rise, and if within is no clause that the rates will be revised, then thank your luck and verbs with the loan.
appreciation for halting your on-line raid at end.
.
There r a number of factor that come into play when we need to fashion a rational ruling in this thing. The factors that call for to be considered r current interest on the loan, amount of loan outstanding, calculation of excise benefit (which is better prepaying or staggering payments). Notwithstanding this i have a more valid way to look at this problem
The approach within the above matter should be the following. Make a Financial Plan which covers ur investments. Stick to ur plan something like investing as this is the money that will help u contained by future.
Any money that u r competent to save (rise within salary, bonus etc) over and above ur investing money should be utilized to cut back on ur liabilities (housing loan).
This is sridhar here a specialist within Financial Planning. u can mail me for further query on vetapalems@rediffmail.com.
What would do a 'Day Trading' designation contained by a change description?
Question:
What would cause my broker to designate me a model day-trader. Is it simply 4 'day-trades' in a 5 daytime trading period?
Can I avoid this by trading surrounded by a cash explanation rather than a outside edge account and just use my avail. cash?
How is 5 days counted? Is it the 5 consecutive days that the markest are approachable? Recently Jan 1&2 were closed days for equities; and so 5 days might include Dec. 29, Jan 3, 4, 5 and 8.
What I am trying to do is 'daytrade' but not trigger the higher dosh req. for my account.
Any assistance would greatly be appreciated.
D.S. Virga
Answer:
Generally your broker will have a requirement that establishes a 'day-trading pattern' such as 4 day-trades within a 5 day term. This will only apply to your border account.
You can trade as commonly as you want in your change account, so I would use that first, and hold the longer trades in your side-line account until you hold enough funding contained by there to stumble upon the higher be a foil for requirements for day-trading on margin. For my brokerage that amount is $25K, but it will be difficult for you to breed a living day trading on anything smaller amount than that anyways.
Keep your day charge, and day trade from your bread account.
Just hang on to your daytrades to a maximum of 3 per week and you will be fine.
Example:
1 in Mon.
1 contained by Tue.
1 in Wed.
That's your ceiling. No more daytrades until next Mon.
Example:
1 within Mon
1 in Wed
1 surrounded by Fri
That's your limit. No more daytrades until subsequent Mon.
Example:
3 in Mon
That's your bound. No more daytrades until next Mon.
Do credit union deal in stock?
Question:
Answer:
Only licensed security brokers can buy/sell stock for others. Unless the Credit Union have such a broker license, they cannot sell stock.
They hold different mutual funds that you can buy into, but not individual stock.
i think this is a conflict of interest for credit union. - todd shriber
Is your question whether they will conduct yourself as stockbrokers, like some bank do?
Or is it if they sell stock contained by their own business? If that's the question, consequently no. Credit unions are owned by their customers, they do not issue stock.
How do you locate shares of stock that be issued to you at an invalid mail address?
Question:
Answer:
search "verbs agent for _________ stock" that should provide you with a edge, i.e. Mellon, Bank of America, State Street etc. These banks are the trustees for publicly traded company's stock reporting and transcription keeping, they work in conjunction beside DTC (Direct Transfer Center?) to hold shares in what is call electronic or book entry. They should be able to take you the necessary paperwork to enjoy shares reissued or get you pointed within the right direction.
your question is not clear. do you scrounging share certificates contained by physical form?was it deliver to an invalid address? how is that
possible to deliver to a wrong person? or if you are not aware of
the vocation of the certificate and not received it,write to the company
[with your folio and share pass numbers] asking them to issue
duplicate certificate contained by physical form or to get it credited to your
demat sketch. for that you have to sign an indemnity bond. I enjoy
answered this question near some presumptions. hope they will be
of help to you. further I would recommend you to post these types
of messages to www.moneycontrol.com since you can interact near
experts in this pasture and get their guidance. All the best!
What's a flawless rate of return surrounded by your 401(k) for 2006?
Question:
I finished the year with 16.3% rate of return surrounded by my 401(k). I'm 29. Just wondering if that's good for the year.
Answer:
Your TRUE rate of return is excellent, you roughly matched the S&P 500 return for the year, which most investors and institutions use as a benchmark to gauge their returns against.
Without knowing what the volatility of the portfolio be throughout the course of the year and what your asset allocation was, it is complicated to determine what your risk adjusted rate of return be for the year and how good that return in actuality is.
Bottom line: 16% is a correct ROR and nothing to sneeze at.
I get 12.73% (16.88% with matching). But I have a large amount within the begining of the year when returns were discouraging (all my money went into the 401K within the first week of january). Overall you did well.
I judge that's a very comfortable return if you can stay close to that within the " bad years" , you'll enjoy quite a bundle at 60 years prehistoric.
Keep your eyes on it !! Good luck.
Is this your own money or the company you are working for?
If it's your own money you done very economically, and if willing to verbs please invest by helping someone with business star up funds, and you will hold a garanteed over 18% return. Please if considering genuinely contact me at. myemailis96@yahoo.com.
Thanks.
16.3% is plainly goodbetter than -16.3%.
Mine was greater at 20.2%, but I had roughly 20% contained by International/Emerging Markets funds (Averaged 27.7% in those 3 funds) and 15% surrounded by REITs (was up 35.0% for the year).
I did have some conservative funds that made between 12 and 15%, but you own to have match in your portfolio for adjectives of the ups and downs of the stock market.
For perspective, my 3 year return be 14.4% and my 5 year return was 11.1%, so 16.3% within a year is good.
Thats exceedingly good, mine be 14.8% after everything.
Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to several common question.
http://investing.sitesled.com/
I am sure that you can get your answers within this website.
Good Luck and Best Wishes!
What are the pros and cons of RESPs?
Question:
Answer:
Pros: Investment income earned inwardly the plan is not taxable until withdrawn from the RESP. Because the beneficiary will be taxed on the accumulate income and will most likely be surrounded by a lower tax bracket when they use the money for post-secondary instruction, you benefit from splitting your family income.
Can't reflect of any cons...
How should you split your investment portfolio between stocks and bonds?
Question:
Answer:
Your portfolio is made up of two parts:
1. Risky Assets (stocks)
2. Risk-free asset (AAA bonds, t-bills)
Assuming your risky assets are diversified, it makes no difference how you allocate between #1 and #2 save for your own personal preference.
If you hold a strong adversion to risk, go heavier surrounded by #2 or vice versa if you don't mind risk.
If you're not sure what your risk adversion is, then here's a common guideline to follow based on your age:
0-25 (80%, 20%)
25-35 (70%, 30%)
35-45 (60%, 40%)
45-55 (50%, 50%)
55-65 (40%, 60%)
65+ (30%, 70%)
There is no effortless answer. It depends on how long you have until retirement and how much volatility/risk you can stomach. If you own a long time until retirement (decades) then an adjectives stock portfolio will probably be OK. Vanguard for example offers target retirement funds that brand name it easy. https://flagship.vanguard.com/vgapp/hnw/...
It is not so glib to get an answer to your put somebody through the mill. Because your investment allocation will depend on the risk apetite that you have and that will depend on your age, income and liability. You should consult some good Finnancial Planner. Why devout because you will find them in dozen - mostly adjectives insurance agents and mutual fund advisors claim to be finnancial planners. Do not take them adjectives on their face good point.
It purely depends on what RETURN u need from it. If u necessitate a high return , u hold to face dignified Risk. So SHARE will give u elevated return based on u r dignified risk. Bonds literally provide u low return , but its purely risk less. So consider it. It is the portfolio of shares and bonds surrounded by a simple way.
100% Stocks 0% Bonds.
Stocks(S) Bonds(B)
Low Risk S 25% B 75% Low Returns
Medium Risk S 50% B 50% Medium Returns
High Risk S 75-85% B 25-15% High Returns
Depends on your risk taking dimensions and desire for higher returns.
Its deeply a question of choice and preferences.
base on risk perception and the desired level of returns expected or aspired
But, as a principle
Investment within well rate bonds are the stable income earning assets.
Investment within stocks, is the income subject to high volatility or speculative. They may earn illustrious return or sometimes they may earn nothing and a bit will end you up within loss.
If I am allowed to make a choice
I will dance for an investment mix of 75% in all right rated bonds and 25% surrounded by blue chips.
I will recommend you to read modern portfolio theory, to know more on the subject.
.
.
I depends on your age and risk appetite.
If you are surrounded by the begining of your career, and probability of your income growing from the present levels, you may increase your investment towards stocks by opt for more riterns and with more risk.
If you are reaching the age of retirement, slim down the exposure to stocks and increase investments in bonds and fixed income instruments.
I am other amused by the notion that retired people must be more careful with their investments. Well, their nest egg is adjectives they have for sure, but for those still on the treadmill, do you really approaching losing money? No? Well, then you are alike as retired. Risk is risk and profit is profit.
Your age is a definite factor. The younger you are, the more time you own for equities to prove their worth and eliminate open market variables. The older you are, the smaller quantity you can suffer the risk that equities in common may suffer a sever market downturn. Generally speaking over a long length of time equities will outperform bonds. But over a short period of time, smaller quantity than about 5 years, the much greater variance contained by stock returns might mean that ones investments surrounded by equites might underperform investments in bonds.
Consequently, the answer relates to the amount of risk one is inclined to assume. The more bonds you add to your portfolio, the smaller quantity variance you have within your return but the less return you will also hold over a long period of time.
Actually, the answer is even more complicated than that because of the charge situation. Interest on bonds is 100% taxed. Capital increase of equites is not taxed at adjectives so long as it is not realized. Dividends surrounded by general at tax at about 1/2 that of interest. Long possession realized property gains also.
Depends upon age, and income ie risk appetite, the more time you own towards retirement the more percentage you would place towards stocks, the less you would allocate within bonds and fixed income.
The mathematics for splitiing is slightly complicated to explain, though I will take home it like this. You attain the covariance of return between the stock, bond and cash. You take a covariance matrix. Consider each portion of the portfolio to be x1, x2 and x3. Now transpose of covariance matrix multiplied by covariance matrix multiplied by matrix x of x1, x2, x3 will distribute a quadratic function, with constraint functions. Solve this quadratic near constraints and you will get the values of x1 x2 and x3 the different portions of stocks bonds and bread to be in portfolio. The constraint function you can fix the minimum return required from the portfolio and the corpus of the portfolio. Solution is by the usuall quadratic function solution which is also little complicated to explain. It is done through something call a Hessiam matrix or through partial derivatives which ultimately form a matrix and checking the matrix for positive definitness which optimises the portfolio.
I'm with Frank on this one. 100% stocks, 0% bonds. Reason individual that, hey, over the long run, stocks are a much better investment than, well, other investment vehicle. You are investing for the long run, right?
This depends on your age and risk profile. An ideal portfolio will be as follows;
Age Proportion(Equity: Debt)
upto 25 years 75:25
25 to 40 between 70;30 to 40;60
40 to 55 35;65
above 55 max contained by debt, 15 to 20% in equity
contained by india which campany surrounded by cement,steel,shipping,chamicals&pharma scheduled contained by bse?
Question:
Answer:
Essar
Canada Lafarge ?
What is the best track to run; to reclaim for my child's coaching?
Question:
SOME OPTIONS BEING...RESP, HIGH INTEREST SAVINGS ACCOUNT? ETC.
Answer:
Best way to dance for most people is beside a coverdell IRA, formerly known as an Educational IRA. It allows you to invest surrounded by your child's future teaching tax free provided you don't exceed guaranteed income limitations.
Further, the monies can be used for tutoring, boarding school, and heaps other things.
As for what to invest in, that'd run another message. Best route to go is next to some long term growth/income investments. Best track to find those is to invest a little into tuition and learning how to invest.
The cost presently will pay frequent handsome dividends in the adjectives.
Please let me know if you own any questions!
work and one and only spend on necessities.
then when shes gone. u can spend for urself.
The best agency is to put a little money away every month. $50 or $100 or even $25. Just net it a habit to do so. Consistant and impulsive is the key to nouns. Starting early system your money will "work" longer for you, through componding of interest( or dividend and capital gains) (This is true for retirement money as well.)
As for where on earth to save ... it depends on how long earlier he/she goes to college. If the child have many year close to 5/6 years or more before his/her go to school, after you can take more risk beside the money and invest in stock mutual funds. Taking a highly developed risk might lead to a high return than through savings story like a compact disc. You should call vanguard or fidelity or t. rowe price, lately to name a few mutual fund companies. They give a veriety of stock mutual funds. go to nearby website and get the phone numbers and tell to them for information on savings for childhood.
If you have underneath 5 years before the child go to college, then you should be more conservative beside your savings. In that casing a CD from your local mound (or non-local bank) will be sufficient. You can shop around and ask for the differences surrounded by rates. You can also invest in a bond mutual funds, but that's a bit more riskier than disc.
Of course you can do a combination of the two and save more within the conservative investment as your child gets closer to college.
Good luck! Remember to start precipitate!
Open a brokerage account at Zecco.
What are the pros and cons of setting up a 100 or 80 subsidiary for foreign investment?
Question:
Answer:
These days with complex organization policies and highly competitive business scenario, it would be foolish to catalogue pros and cons of setting up a subsidiary without going into any business specific and studying respectively and every case on its merits. For time endorse, you may have suggestions here worth fooling one and adjectives.
If seeking any theoretical answer for your assignment, refer to a flawless book for theoretical sensitive and writing your answer.
want to flog my company contained by network site warning BORNE MILL COMPANY?
Question:
to all tooth attach company,Fertilizer company , Wood glue company and chemicals company. Please place your instructions now for numbers 1,2,3,4 and 5 of the borne powder. the more the pwder the great the discount.GANESH BORNMILL COMPANY. Nakuru Nairobi Road.
Answer:
sure contact me ganesh
How can you enlighten the fees?
Question:
iShares FTSE/Xinhua China 25 Index Fund (FXI)
how can you tell what the fees are? such as nouns, etc...
i have looked at a few sites.
why don't they of late list the fees?
or what the costs are?
http://www.etfconnect.com/select/fundpag...
http://finance.yahoo.com/q?s=fxi...
??
Answer:
Scottrade list the total expenses for this fund at 0.7%. It says that it is institutional nouns, which means little or none. Hope that help.
Get the prospectous is one way.
Plus on the Nuveen website that you ref. be in motion to the thrid party interconnect on the RH side. The will get you to Barclay the sponser and your answer is at hand.