AI Voice Scams Are On The Rise. Here's How To Protect Yourself
AI Voice Scams Are On The Rise. Here's How To Protect Yourself
Megan Cerullo Updated Tue, December 17, 2024 CBS News
Artificial intelligence-enabled voice cloning tools have made it easier for criminals to mimic strangers' voices and dupe victims into handing over large sums of money.
For example, a scammer might target a victim posing as their grandchild and claiming they require cash — fast. Older people who might not be as familiar with new technologies such as AI can be particularly susceptible to these types of scams, particularly when the caller on the other line sounds identical to a loved one. Phone numbers also can be spoofed to mimic those of callers known to the target of voice cloning scams.
Kiyosaki Warns That Boomers Will Be The Losers Once The ‘Biggest Crash In History’ Comes
Kiyosaki Warns That Boomers Will Be The Losers Once The ‘Biggest Crash In History’ Comes
Jing Pan Sun, December 15, 2024 Moneywise
The U.S. stock market has seen clear sailing in 2024, with the S&P 500 up an impressive 28% year-to-date, but Rich Dad, Poor Dad author Robert Kiyosaki sees dark clouds on the horizon — and when the storm hits, it’s the one generation that will feel the brunt of it.
“BOOMERS are SOL: When the stock market bursts … BOOMERS will be BIGGEST LOSERS,” Kiyosaki posted on X.
As a boomer himself, he acknowledged that his generation has been lucky. Data supports that claim, with reports showing that Baby Boomers are likely the wealthiest generation that has ever lived.
Think You're Safe? Identity Theft Could Wipe Out Your Entire Life’s Savings
Think You're Safe? Identity Theft Could Wipe Out Your Entire Life’s Savings
Kurt Knutsson, CyberGuy Report Fri, December 13, 2024
Identity theft has become a pervasive issue, affecting millions of Americans each year. In 2023 alone, American adults lost a staggering $43 billion to identity fraud. The following story illustrates the devastating impact this crime can have on individuals:
Paula Disberry, a former Colgate-Palmolive employee, was living a comfortable life when she discovered that her 401(k) account had been drained of $750,000. The shock came when she tried to access her account online, only to find it blocked.
The Most Insolvent Bank In The History Of The World Is. …..
The Most Insolvent Bank In The History Of The World Is. …..
Notes From the Field By James Hickman (Simon Black) December 12, 2024
As the 1800s came to a close and the world propelled itself full of innovation and optimism into the 20th century, there was perhaps nowhere else on the planet more admired and envied (except for the United States) than Argentina.
In fact, just like America in the late 1800s and early 1900s, Argentina was overflowing with immigrants from all over the world looking for a better way of life in that land of opportunity.
12 Assets To Avoid Leaving to Your Heirs When You Die
12 Assets To Avoid Leaving to Your Heirs When You Die
Jennifer Taylor Thu, December 12, 2024 GOBankingRates
You want to leave your loved ones with assets that will enrich their lives. However, not all assets are created equal. Despite your best intentions, some of the assets you plan to bestow upon your heirs might be more of a headache. Whether they’re difficult to manage or potentially costly, you won’t be doing them any favors.
GOBankingRates spoke with financial advisors to find out which assets you don’t want to pass on. Here’s what they had to say.
6 Reasons Your Tax Refund Will Be Higher in 2025
6 Reasons Your Tax Refund Will Be Higher in 2025
Jordan Rosenfeld Thu, December 12, 2024 GOBankingRates
Tax refunds can feel like the reward for the hassle of filing your taxes, but many Americans forget that this is not extra money coming back to you, but your own money that, in essence, you overpaid (or under-deducted) to the government. A big tax refund might actually be a sign of financial changes you need to make with your accountant, but who doesn’t like getting money back instead of paying it out?
According to Alex Freund, a financial advisor and owner of Freund & Smith Advisors, a Northwestern Mutual firm, here are six reasons why your tax refund could be higher in 2025.
Great News If You Own A Company
Great News If You Own A Company
Notes From the Field By James Hickman (Simon Black) December 7, 2024
Right at the beginning of the year in early January, I wrote to you about one of the dumbest laws to hit the books in the Land of the Free in a VERY long time. It’s called the Corporate Transparency Act.
What Does It Mean To Have A Plan B?
What Does It Mean To Have A Plan B?
Notes From the Field By James Hickman (Simon Black) December 10, 2024
What does it really mean to have a Plan B— especially these days?
We’ve used the term Plan B for almost the entire 15 years since I started this business in 2009.
Back then the national debt was really starting to become a major problem. The Federal Reserve was printing trillions of dollars to bail out irresponsible bankers. The economy was on the ropes after the Global Financial Crisis.
What Is A SIM Swap Attack & How You Can Protect Yourself
What Is A SIM Swap Attack & How You Can Protect Yourself
California man says he lost $38,000 — money meant for his mom — to a SIM swap scam. Here's how you can protect yourself
Danielle Antosz Mon, December 9, 2024 Moneywise
Justin Chan of Carlsbad, California, says a hacker drained $38,000 from his bank account after his phone number was compromised in a SIM swapping scam — and he’s not sure he’ll get the money back.
“This could happen to anybody,” he told ABC 10 News in a story broadcast Nov. 25.
6 Financial Moves You Should Make By Dec. 31: Wills, Trusts, Iras, More
6 Financial Moves You Should Make By Dec. 31: Wills, Trusts, Iras, More
Daniel de Visé, USA TODAY Sun, December 8, 2024
We’re nearing the end of 2024. So it's an especially good time to assess what financial moves you should make before the clock runs out. Luckily, financial planners spend the final weeks of the year thinking about just such things.
Back in 2023, we asked several experts for their thoughts, and we made a list of six key financial steps to take by Dec. 31. Readers responded, so we reached out to the same experts again this year, along with one or two new ones, to see if their advice had changed. The answer: Not really.
8 Common Mistakes Retirees Make With Their Social Security Checks
8 Common Mistakes Retirees Make With Their Social Security Checks
Jordan Rosenfeld Sun, December 8, 2024 GOBankingRates
Beginning to take Social Security benefits can be an overwhelming process for retirees since there are lots of rules and regulations, often tucked into the fine print, so to speak.
It’s easy to make choices, or fail to, that can have a negative impact on your Social Security checks in big and small ways.
Here are some common mistakes retirees make with their Social Security checks so you can hopefully avoid them.