Anthony Norman

  Do you know how to avoid internet scams? It seems like every day we hear about a new scam, and it can be tough to keep track of them all. In this post, we'll teach you how to avoid internet scams and what to do if you fall victim to one. Be Aware of the Types of Scams There are a lot of different scams out there, but some of the most common ones include fake job offers, investment schemes, and Ponzi schemes. It's important to be aware of the different types of scams so you can identify them and avoid them. different types of internet scams There are many types of scams online, but some of the most common ones are fake job offers, investment schemes, and Ponzi schemes. Be Careful About Email and Social Media Ads Another common way scammers try to lure people into getting scammed is by sending them fake email or social media ads. Be especially careful about ads that request personal information, like your bank account number or Social Security number. If You Fall Victim to a Sc...

While compound interest can be a significant savings boost, it’s not all rainbows and roses. Compound interest is also the reason why you never seem to get your head above your credit card debt while making minimum payments. Just as your savings balance grows when interest is compounding, so does the debt balance of what you owe. When you make a credit card purchase or take out a personal loan, your lender will charge you interest, which is added to your balance. You’ll then be charged interest based on your new balance — the original amount plus the interest accrued (minus any payment you’ve made). Compound interest can really hurt you in the case of negative amortization. That’s when your monthly payment is less than the interest that accrues over that period, and your outstanding balance increases instead of going down. When you take out a loan or open a new credit card, here are four things to keep in mind: Score the lowest interest rate you can. Increasing your cre...

  Thinking of buying or selling an investment? Asking these questions may help you make a rational decision. If your investments aren’t yielding the returns you hoped they would, you might be tempted to sell them and reinvest them elsewhere. If things are going well, you may want to cash out and move on to the next investment. While changing strategies can be a good idea, it’s better to base those decisions on analysis and in the context of your long-term investment plan rather than on speculation or instinct. So, before you make an impulse move, ask yourself the following questions: Have my financial needs/circumstances changed?  When your  financial goals  change, you should revisit your investment strategy. Likewise, you should re-evaluate your investment portfolio after significant life events, including when you’ve changed jobs, gotten a raise, had a child, or gotten married/divorced. Finally, consider your tax situation: If you’ve made gains on one investment, ...

      As our world of technology step forward, so do the frauds that are running rampant along today’s technology way. Every few minutes, new get-rich-quick business plans display on the internet, placed there by hopeful con artist business tycoon that would like to trick honest people out of their money. Learning how to check out a Scam is important. Many of these illegal plans are based in work from home plans that are in fact various versions of the outlawed pyramid fraud. An urban legend story of mega-proportions will be put forth to explain how ‘everybody’ can get rich quick by simply selling products through bringing others into the picture to help in sales. Internet fraud have found these types of businesses hiding under many other names. To know when it is time to suspect a scam, just remember that real businesses do not ask their employees to recruit other employees for them. The most important thing for users to do if a scam is suspected is to know how to check ...