A Protect Yourself From Frauds and Scams Update

This is a Protect Yourself from Frauds and Scams update and is a follow-up to my recent post entitled Protect Yourself From Frauds and Scams.

This morning I came across a post on Business Insider entitled Hackers are using a devilishly clever fake email attachment scam to break into people’s accounts.

How this works is detailed in a recent blog post by WordFence, a WordPress security firm.

In essence, this is a new email scam. The intent is to trick the email recipient to give up their email login details through the sending of a FAKE link to open a PDF document. The email appears to be legitimate because the scam email is sent from compromised accounts and uses subject lines and file names the target is likely to click on.

Yikes! Be super careful. The extent to which people will go to scam you is unbelievable!

Protect Yourself From Frauds and Scams

The purpose of this post is to provide tips to protect yourself from frauds and scams.

I am constantly amazed to read about people who fall for frauds and scams. I periodically receive text and email messages about opportunities to make additional income and wonder “Who would fall for this?”. Apparently, many people.

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VISA Stock Analysis – I Will NEVER Sell This Holding

 Summary

  • VISA appears expensive at current levels but this is a result of several sizable one-time charges.
  • The legal issue as it relates to interchange fees has still not been resolved.
  • Even if VISA ends up having to pay a multi-billion dollar fine the interchange fee legal case should not dissuade investors from initiating / increasing a position in VISA with a long-term investment time horizon.
  • VISA continues to operate on a business as usual basis and is investing heavily to address the ever evolving needs in the payment industry.

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Vehicle Buying Tips – Part 2

Vehicle related debt has increased dramatically. In this post I provide vehicle buying tips which address the financial aspects of a vehicle purchase.

This post is a continuation of my “Vehicle Buying Tips – Part 1” post in which I offer tips to save money on your next vehicle purchase.
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Four Investing Principles to Make Your Money Work for You

In today’s post I would like to highlight the importance of four investing principles to make your money work for you. You must:

  1. Invest in good solid companies;
  2. Practice patience;
  3. Not panic when making investment decisions;
  4. Relish major market corrections as they provide opportunities in which to acquire shares at more reasonable valuations.

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Introducing the Financial Freedom is a Journey Portfolio

The purpose of this post is to introduce the Financial Freedom is a Journey Portfolio (“FFJ”). This is an actual portfolio of equity investments in which all investment decisions are made with a long-term perspective in mind.

I undertake to provide monthly status reports of all activity. The vast majority of any activity will consist of the receipt of dividends and the automatic reinvestment of same. Occasional purchases will be made but sales are expected to be extremely rare.

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