Ask the Fool on scams and multilevel marketing risks
The Fool explains that pyramid-like schemes rely on recruiting participants with little or no product value, while legitimate multilevel marketing firms like Avon and Mary Kay sell real products at fair prices. It notes stock markets use bid and ask prices, with spreads earning market makers and brokers, and invites readers to learn more via Fool resources and NPR radio shows.
MENTIONED IN THIS ARTICLE
Weisberg
Avon
Mary Kay
Tupperware
Shaklee
Amway
Lear
Wweite
Name That Fireworks Company on Long Island NY
A Long Island headquartered firm tracing roots to Southern Italy in 1850. It has entertained at six U.S. presidential inaugurations and major events. It makes pyrotechnics and simulators, offers training devices and ballistic range testing, provides hazardous materials storage, and opened a Virginia plant in 1997. It claims to be America’s First Family of Fireworks.
MENTIONED IN THIS ARTICLE
Long Island
Italy
U.S
Virginia
America
Investing Abroad: Risks of International Stock Exposure
The article warns that international investing brings dangers including unequal shareholder rights, currency risk, and varying reporting standards. It notes that GAAP does not apply globally, insulates readers from hidden costs, and suggests considering international exposure via U.S. multinational firms like McDonald’s, Procter & Gamble, ExxonMobil, and IBM.
MENTIONED IN THIS ARTICLE
United States
United Kingdom
McDonald's
Procter & Gamble
ExxonMobil
IBM
Committing $2000 to Commodities Ends in Losses
Don Goodall of Lake City Florida details a failed commodities investment via a broker. He describes rapid trading, hefty commissions, and the depletion of his $2000 within weeks. The piece cautions that commodities carry high risk and urges self directed decisions or low risk index funds. It also notes brokers profit from frequent trading and points readers to investor resources and a contest for short lessons learned.
MENTIONED IN THIS ARTICLE
Don Goodall
Lake City
Fla
Fool
Fool.com
Sec.gov
Kmart's risky rebound amid bankruptcy and weak sales
The Motley Fool notes Kmart emerged from bankruptcy in May, with new shares debuting in June to pay debt. Yet sales dropped by about 1 billion as 316 stores closed, margins lag competitors, and distribution remains inefficient. The piece warns investors against betting on the turnaround while acknowledging new management and cash on hand. Kellogg trivia and unrelated ad copy follow.
MENTIONED IN THIS ARTICLE
Kmart
Tts
Kmarts
Wal-Mart
WMT
Target
TGT
Boomers face shift in job hunting as resumes adapt
Baby boomers returning to work find a tougher, more digital market. Many must trim resumes to hard skills and include keywords for computer based applicant tracking, while direct contact dwindles and online applications dominate. Names include Ginny Westermayer Nancy Smith and Bryan Molter in Missouri Michigan and New Jersey.
MENTIONED IN THIS ARTICLE
New York
Ginny Westermayer
Westermayer
St Louis
Des Peres
Rip van Winke
Ollie Stevenson
DBM
St. Louis Community College
Nancy Smith
Xerox Corp
Xerox
Smith
West Bloomfield
Mich
Bryan Molter
Molter
Dayton
N.J
Mortgage interest deduction loses value in new tax law
The tax deduction for mortgage interest is shrinking under new rules and low rates. Married couples filing jointly gain less benefit unless they itemize, and many will see smaller tax savings. An example shows a 2003 couple saving $823.50 itemizing versus a 2004 scenario saving only $225. Investors urged to reassess mortgage interest benefits.
MENTIONED IN THIS ARTICLE
Congress
Zero Alpha Group
Also Mentioned on This Page
Wwwfool.com
Investorwords
David and
Tom Gardner
National Public Radio
NPR
Global Investing
Ameria
Isome
China
Albous
DohnPert
Battle Creek
Rooster
Cornelius
Tony
Morningstar Farms
Selena
Moiter
St. Louis Public Library
Humberto Cruz
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