Companies Collapse, Economies Endure

Although the market is always fluctuating, it can never stay down. Yet any individual stock can stay down forever! In the episode, Don shares why individual stocks are too risky for most of us to own, and the importance of owning a bit of everything! While Tom is on vacation, Don takes your listener questions, where he and the audience dive into everything from what the Federal Trade Commission’s new study reveals about fraud, to capital gains taxes, gifting money, and the danger of any cryptocurrency today.

  • Discover what the Federal Trade Commission’s new study reveals about fraud.

  • Why you need to be aware of Medicare scams, especially Simple Health Plans LLC.

  • What you need to know about capital gains taxes on your nursing home care insurance.

  • Tips for grandparents who want to gift money to their grandchildren, tax-free.

  • Why you never want to own risky assets that can go to zero, like individual stocks.

  • Discover how BitCoin was manipulated up to high values via Tether tokens.

  • Why you need professional guidance when putting your money into cryptocurrency.

Vestory — https://vestory.com/

“FTC Report to Congress Details Fraud Reports from Older Consumers” —https://www.ftc.gov/news-events/press-releases/2019/10/ftc-report-congress-details-fraud-reports-older-consumers

Uniform Gift to Minors Account — https://personal.vanguard.com/us/whatweoffer/college/vanguardugmautma

Tether — https://tether.to/

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Using Omission and Obfuscation to Make a Sale

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Cracking down on the sale of liar load funds