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123 votes
Accepted

Why do real estate agents always ask me whether I am buying property to live-in or as an investment?

I like the existing answers, but I'll add another thought: They want to know if you're looking for a house that you like or want one that is a good bargain. Investors will buy a house that they ...
D Stanley's user avatar
  • 136k
117 votes

Is this broker a scam?

They call you, instead of the other way around. They promise more than 10% a year return*. They ask you for rapidly increasing sums of money. Multiple unrelated domains use their exact website. They ...
Peter's user avatar
  • 2,113
100 votes

Is this broker a scam?

This is part of highly sophisticated network of scammers. This scam is spread across hundred of websites (some list can be found here and here), most likely using "fake" or stolen details and they're ...
kenorb's user avatar
  • 1,946
99 votes

Is this broker a scam?

It is a scam. There are quite a few websites with different names but same layouts. https://www.master4x.com/index.php. https://www.8infx.com/index.php. https://topicmarkets.com/index.php ...
Dheer's user avatar
  • 57.1k
91 votes

The security team has noticed suspicious trading activity. Insurance fee is 25%

Yes it is a scam. Any money you "invested" on this platform is gone. Edit: Reasons why I believe this is a scam: Insider trading is a crime. A legit platform would involve authorities and. ...
QEDemonstrandum's user avatar
83 votes

The security team has noticed suspicious trading activity. Insurance fee is 25%

It is a scam because of several red flags: They want you to pay more money to get access to your money. They want their fee in crypto. They want a screen capture as proof. They want you to wait many ...
mhoran_psprep's user avatar
43 votes
Accepted

What does Benjamin Graham mean by "Those who speculate make money for their brokers"?

It's trying to say those who speculate are in for short term and tend to trade more often, thus paying more brokerage fees and making the broker rich. A longer term investor on the other hand will ...
Dheer's user avatar
  • 57.1k
39 votes

Why do real estate agents always ask me whether I am buying property to live-in or as an investment?

Depending on country, some residences are restricted from being rented out (HOA, local bylaws, zoning). Since it is the real estate agents job to match a buyer with a house, this is important ...
GOATNine's user avatar
  • 2,441
33 votes
Accepted

Is thomastradingservices legit?

This has all the red flags of a scam. (1) You shouldn't have to pay money to withdraw money from your account. (2) it is extremely uncommon and suspicious to ask for fees in bitcoin, a completely ...
JohnFx's user avatar
  • 53k
27 votes

Is this broker a scam?

You got a call from someone, out of the blue, asking you for money. How is this not a scam? Cold calling is a good indicator of a scam. You also seem to be in denial of that fact that you’ve been ...
user31652's user avatar
  • 409
27 votes
Accepted

Maximize trading commission bonus

I don't think that there's a way to maximize this. Even more importantly, you shouldn't be attempting to do so. Whether you're investing or you're actively trading, you should place your trades ...
Bob Baerker's user avatar
  • 76.7k
22 votes

How did my 4 Tesla shares turn into 12 shares?

There is almost certainly no mistake. Tesla's stock split 5-for-1 in August 2020. I suspect that you bought 2 shares before the split (which became 10 post-split shares) and 2 shares after the split, ...
nanoman's user avatar
  • 29.7k
20 votes

Why do real estate agents always ask me whether I am buying property to live-in or as an investment?

They ask if are you going to live in the place or rent the place because are trying to understand you the customer: If you are going to rent the property you might be interested in places for sale ...
mhoran_psprep's user avatar
20 votes

Is my investment safe if the broker/bank I'm using goes into insolvency?

A simple insolvency or bankruptcy of a broker shouldn't affect that status of ETFs and stocks you own, because they are not part of the assets of the broker. This is different from fractional-reserve ...
jpa's user avatar
  • 1,076
19 votes

Is the stereotype of a businessman shouting "SELL!" and "BUY!" into a telephone in any way attached to reality?

For about 100 years or so, stock quotes (symbol, price, volume) were transmitted by telegraph. Many traders of that era were tape readers, often sitting in the office of their broker before phones ...
Bob Baerker's user avatar
  • 76.7k
18 votes
Accepted

How can stockbrokers be so cheap in the U.S.?

Traditionally, commissions were a large part of the annual revenues for brokerage firms. As discount brokerage became more popular and as the industry evolved, brokers diversified into other areas. ...
Bob Baerker's user avatar
  • 76.7k
17 votes
Accepted

What is a securities license?

If you don't know what one is, you don't have any. It's the Series X (Series 6, Series 7, etc) securities licenses. These licenses are required to sell specific types of securities. They typically ...
quid's user avatar
  • 49k
16 votes

Is thomastradingservices legit?

I don’t know anything about them, but any organization which claims to require payment of funds before allowing withdraw of funds is quite obviously a scam. Assuming that a 20% withdraw fee was ...
jmoreno's user avatar
  • 1,355
15 votes

The security team has noticed suspicious trading activity. Insurance fee is 25%

There's no such thing as "insider trading insurance" (or whatever it is they're claiming you need to purchase). Insider trading is a felony subject to criminal penalties (potentially ...
EJoshuaS - Stand with Ukraine's user avatar
14 votes

What does Benjamin Graham mean by "Those who speculate make money for their brokers"?

Brokers make money from traders and investors, especially in the days when "The Intelligent Investor" was written (1949) when commissions were highway robbery. I don't know what they were at that ...
Bob Baerker's user avatar
  • 76.7k
14 votes
Accepted

Is my investment safe if the broker/bank I'm using goes into insolvency?

I'm German, but not a lawyer, so I can't really make sense of the statute of the Entschädigungseinrichtung alluded to in another answer. But the reputed German finance/consumer magazine "...
henning no longer feeds AI's user avatar
13 votes

Are there brokers or companies who trade Forex and make money for us on our investment? And do you think fxtradeinvestment is legit?

So you think there is a business that can take $X and in two weeks turn it into $10X plus their profit. That means that in two weeks you can turn $1,000 into $10,000. So every two weeks you add a ...
mhoran_psprep's user avatar
12 votes

Confirming that stocks are listed under my name

The answer to your question is "no". Unless you specifically ask to receive paper share certificates, then brokers will hold your shares with a custodian company in the broker's own nominee account. ...
not-nick's user avatar
  • 6,418
12 votes
Accepted

Why companies appear in several stock exchanges?

If I buy the one from NSY, is it the "real" Sinopec? No - you are buying an American Depository Receipt. Essentially some American bank or other entity holds a bunch of Sinopec stock and issues ...
D Stanley's user avatar
  • 136k
11 votes

Is this broker a scam?

Here's how the scam works. Find a "hot trend" that people hear a lot about, but don't really know that much about. BitCoin is always in the news, and there's already a lot of spam flying around ...
Harper - Reinstate Monica's user avatar
11 votes

Why do real estate agents always ask me whether I am buying property to live-in or as an investment?

(EDIT: There seems to be some cause for debate in the comments as to whether I am answering the OP's question. My answer is based on the principle that, in the UK, the agent works for the seller (and ...
JBentley's user avatar
  • 2,513
10 votes
Accepted

What happens to my stocks when broker goes bankrupt?

Here is my perception of the situation, obtained from reading Degiro's Client Agreement. If Degiro shuts down, it will notify you about the fact at least one month in advance, and you will have ...
Yegor's user avatar
  • 416
10 votes
Accepted

Invest in Vanguard Index Funds (from Germany)

Curious to know why is that? Generally each region in the world has it's own regulations and specific financial products. The VTSAX is an American product. You also can't buy it in Australia or even ...
s1lv3r's user avatar
  • 494
10 votes

Is my investment safe if the broker/bank I'm using goes into insolvency?

It looks like there is a German guarantee scheme for this, through the Entschädigungseinrichtung der Wertpapierhandelsunternehmen (summary in English, or auf Deutsch). (I don't speak German but was ...
Andrew is gone's user avatar
9 votes

Is this broker a scam?

I'm not saying whether this is a scam or not, although it seems VERY fishy, but here's how the scam could work in a way that fits the facts: You give them a thousand Euros, which they "invest" for ...
D Stanley's user avatar
  • 136k

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