About Those $4.95 Charles Schwab Brokerage Fees

Americans were rightly jolted last summer upon learning of the Equifax hack that comprised the data of nearly half of America, giving hackers access to sensitive information such as social security numbers, mother’s maiden names, and in some cases, even estimates concerning the amount of assets that each individual owns.

The safeguards necessary to protect electronic data of customers will deservedly occupy the attention of regulators in the coming years, as it is the type of harm that is easy to ignore—from the point of view of the data custodian, there is no immediate business payoff to protecting data and the risk of hacking seems like a remote possibility.

Continue Reading!

The Hidden Risk of Royalty Exchange Music Investing

Royalty Exchange is a platform that exists to permit amateur and professional investors alike the opportunity to purchase the royalty rights from musicians that seek to sell the residual earnings claims / digital rights. It has found early success by tapping into attractive concepts—the desire for regular income and the desire to own an asset that provides psychological satisfaction in a way that investing in, say, sewage dumps and funeral homes cannot.

Unfortunately, the ease of purchasing music royalties enables royalty purchasers to dramatically overvalue the worth of the royalty stream due to naivete with the industry.

Continue Reading!