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Saturday, August 23: Where Does The Money Go?

The second quarter report from the Private Equity Growth Capital Council (PEGCC) shows that fundraising in private equity nearly doubled to $50 billion last quarter. This growth signals the continuing desire of sophisticated investors to exit the stock market. Private equity funds can be invested i...

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Sunday, August 17: The Importance of Fiduciary Duty

In the financial arena, professionals can be held to two different codes. The first of these is the fiduciary duty, which legally binds the agent to act solely in the best interest of the client. Brokers, on the other hand, do not operate under the fiduciary standard. Instead, brokers operate under...

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Saturday, August 16: An Apology for Quantitative Easing

“I can only say: I’m sorry, America.” These sound like the words of a treasonous diplomat or disgraced politician. Instead, they made up the opening line of an article written for The Wall Street Journal by Professor Andrew Huszar, a former Federal Reserve official whose work back in 2009-20...

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Saturday, August 9: Phil Cannella Discusses Variable Annuities: World’s Worst Investment!

Carlo di Florio, chief risk officer for the Financial Industry Regulatory Authority (FINRA), recently highlighted concerns stemming from variable annuities, saying those particular investments rem...

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Take the FINANCIAL LITERACY QUIZ! HOW MUCH DO YOU KNOW about Finances?

1. Interest Rate: Suppose you had $100 in a savings account and the interest rate was 2% per year. After 5 years, how much do you think you would have in the account if you left the money to grow?

  • More than $110
  • Exactly $110
  • Less than $110
&...

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Phil Cannella Moderates Expert Panel Discussion

The Crash Proof Retirement Show® Exclusive Panel Discussion

The Retirement Crisis in America.

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