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5 tricks and traps investors should avoid
Last reviewed: May 2009
Greg Daugherty writes the "Retirement Guy" column each month in the Consumer Reports Money Adviser Newsletter.
Even with billion-dollar investment scams in the news almost daily, many of us might think it could never happen to us. But as Karen Tyler, securities commissioner for North Dakota and past president of the North American Securities Administrators Association, points out, there is not necessarily a correlation between financial literacy and the odds of being swindled. From Tyler and other experts, here are some common ploys anyone planning to retire should watch out for:
