Archive for May, 2010

The Dangers of Automated Trading Orders

The Dangers of Automated Trading Orders

Posted on 07. May, 2010 by .

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You’ve no doubt heard about the harrowing ride investors took yesterday as the Dow took a 1,010 point nosedive and then recovered to close just 347 points down for the day. While there was no root cause of the dive, the riots in Greece following the Greek government’s approval of its portion of the European [...]

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SpongeBob SquarePants: The Largest Penny Stock Fraud Ever

SpongeBob SquarePants: The Largest Penny Stock Fraud Ever

Posted on 06. May, 2010 by .

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I never thought I would see a headline like this one. But earlier today CEO Michael Metter and CFO Steven Moskowitz were arrested and charged by the SEC for defrauding investors. Metter and Moskowitz are the top executives of SpongeTech Delivery Systems Inc. – a company that makes the SpongeBob SquarePants and other soap-filled bath [...]

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Time To Review Your W-4 Exemptions

Time To Review Your W-4 Exemptions

Posted on 05. May, 2010 by .

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With tax season mostly behind us (hopefully you at least filed for an extension) this is the perfect time for me to remind everyone to spend some time and re-evaluate their tax strategy for 2010. Trust me, there’s a reason that wealthy individuals spend more money on tax planning rather than preparation. Filling out a [...]

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