Man gets 17 years for investing scam (Miami Herald)

Man gets 17 years for investing scam (Miami Herald)
Con artist Charles Paul Hoffecker, who with a partner fleeced more than 1,000 investors out of $14 million in a huge boiler-room operation, was sentenced Monday to 17 years in prison.

Church shifts on investing in Israel (Miami Herald)

Church shifts on investing in Israel (Miami Herald)
The Presbyterian Church (U.S.A.) national assembly on Wednesday revised a 2-year-old policy on Mideast investments that had provoked protest from grass-roots churchgoers and Jewish groups.

SAVVY INVESTING: Good time for a portfolio check (The Myrtle Beach Sun News)

SAVVY INVESTING: Good time for a portfolio check (The Myrtle Beach Sun News)
Many of the basic rules of investing are counterintuitive. For example, rising interest rates may be good news for those shopping for certificates of deposit and other short-term savings vehicles, but they’re generally bad for bond funds. And here’s another zinger: The lazy investor is often more successful than the hard-working one.