Puerto Rico has been the site of several impressive financial booms and busts over the past 20 years. The island was given some favorable breaks by the U.S. Congress, including the unique tax treatment of investment revenues. As a consequence of these breaks, many...
Incidence of cryptocurrency fraud rose massively in 2021
In New York, across the United States and in Puerto Rico, investment opportunities and the chance to make money are an irresistible temptation. This is true for savvy investors, those just getting started and anywhere in between. There is always a danger when a new...
How to spot a broker who is churning an account
Investing money can be a good way to increase people’s income and wealth, but it also carries great risk. Most people don’t have the knowledge of the financial markets necessary to manage their risks. Many New Yorkers have brokers whom they entrust to make prudent...
Is your investment adviser insured?
All investing entails some risk. Some investors are comfortable with more risk, while others prefer to keep it minimal. Comfort and trust are also key to your relationship with your adviser. You will likely do a great deal of research when you choose an adviser to...