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Showing posts from 2024

No Integrity List: Vanguard, FINRA

Updated February 19, 2024 By Roy Philipose I'm still waiting for a good opportunity because I've never gotten it yet. I have to create my own. I ask for help and I get harmed regularly instead. Vanguard has harmed me. I first applied to Vanguard (investment firm) for their entry-level brokerage role in 1998, at age 23. Finally, after 24 years and 10 tries, I was hired for the entry-level brokerage role in July 2022, at age 47. While I was at Vanguard, I helped out thousands of clients and not one was ever harmed by me.  In August 2023, Vanguard contacted me regarding A/X Growth (my investment management model). I told them it wasn't a business and there were no immediate plans to start one. I then updated the website to avoid any  compliance issues.  There was no follow-up or questions from Vanguard, and I was terminated right after I filed for FMLA leave.  This was a misunderstanding that went too  far.  Vanguard has wrongfully terminated me, defamed me, and damaged

Capitalism

Updated February 14, 2024 by Roy Philipose Capitalism is a failed economic system. The system has failed to  uplift people from poverty; reduce inequality; provide upward mobility; and improve overall "quality of life."  The capitalist system rewards those with capital and punishes those without.  The accumulation of private wealth takes preference at the expense of societal improvement.  The "invisible hand" that is supposed to be working hard to better everyone has become the "greedy hand" to better yourself. For capitalism to succeed, the system has to be more societal-based versus empirical-based.  A wealth tax is needed to correct the great wealth imbalance. ©  Roy Philipose 2024.