SAGE ADVISOR GROUP - Key Persons
A Ponzi scheme involves using money from new investors to provide a return - often much higher than typical market gains - to existing investors rather than using legitimate investment returns. Ponzi schemes fall apart when the money owed to the initial investors becomes greater than the amount that can be raised from new investors. Pyramid scheme operators may reach out via phone, email or word of mouth
A Roth IRA is tax free as long as investors leave the money in the account for at least 5 years and are 59 1/2 or older when they take distributions or meet another qualifying event, such as death, disability or purchase of a first home.
Ameriprise Financial Chief Market Strategist Anthony Saglimbene explains how the "fear of missing out" (FOMO) mindset can seep into investor psychology and breaks down the impact it could have on markets.
Job Titles:
- Five Star Wealth Manager, Washington State, 2014 - 2023
- Private Wealth Advisor
Job Titles:
- Ameriprise Client Experience Award, 2022
- Private Wealth Advisor