Oluropo Dada, the 13th president and chairman of Council, Chartered Institute of Stockbrokers (CIS) has described any unregistered investment in the Nigerian capital market as a Ponzi Scheme, designed to swindle unsuspecting investors. Following the recent sudden collapse of digital investment platform, CBEX with reports indicating over N1.3 trillion loss to investors, Securities and Exchange
There has been a lot of talk over the years about Social Security being a “Ponzi scheme.” I have addressed this issue many times before, so I don’t want to bore my regular readers with another long dissertation. But since a certain billionaire friend of President Donald Trump brought it up yet again, I will
The Nasdaq entered bear market territory on Monday in a sign that the downturn may still be far from over. It may be an unnerving time to invest in stocks, but history suggests that buying when there’s fear in the market could indeed be a great long-term decision for investors. When valuations are low, that
Turning keys from across the seas. VM Group guides diaspora Jamaicans through safe and smart property buying. Jamaicans living overseas who are looking to invest in real estate here are being urged to take a structured and professional approach to homeownership. That was the central message at VM Group’s Keys to Your Dream webinar, a
Growing nest egg: there are different options for how to make investments over time (Adobe stock image) Navigating the world of investing can be intimidating, particularly if you are new to it. A common point of confusion is whether you should make a one-time, lump-sum investment purchase or if it makes more sense to put
At the closing party this week for the Jefferies Private Growth Conference held on the rooftop of a Santa Monica hotel, bankers and venture capitalists lined up to see a tarot card reader. Perhaps they were eager to talk to anyone who could provide clairvoyance after weeks of market turmoil sparked by President Donald Trump’s
Former Opals captain Tess Madgen has hailed the WNBL’s ground-breaking new Collective Bargaining Agreement (CBA) as “phenomenal”, and a “long time coming”. The four-year deal will see minimum wages increase by 104 per cent over the next four years, and has been labelled the “single biggest investment in the history of the WNBL” by CEO
BALTIMORE, Md. — Getting big companies to invest in Baltimore is one of the goals of the Greater Baltimore Committee, and who better to talk about investing in Baltimore than those doing it! The Greater Baltimore Committee (GBC) announced that David Rubenstein, Co-Founder of The Carlyle Group and member of the Baltimore Orioles ownership group,
Once you’ve opened your account, you can start investing right away — though you may want to explore and familiarize yourself a bit first. 1. Download the app and open an account You can find the app through your phone’s app store. Once you’ve downloaded it, you’ll have the opportunity to create an account. You’ll
CHICAGO — Bally’s Casino has scrapped its investment offering targeted at women and other minorities after facing significant legal challenges and a lack of guidance on the program from the Securities and Exchange Commission. The company announced this week that it has submitted a new investment offering to the SEC that instead gives preference to