How Inflation Erodes Your Retirement Savings—and What to Do About It
How Inflation Erodes Your Retirement Savings—and What to Do About It Inflation is often called the “silent” threat to retirement, and the nickname is fitting. Unlike
The holidays bring joy, generosity, and celebration—but they also bring a spike in scams designed to take advantage of unsuspecting shoppers. From fake websites to phishing emails and stolen packages, fraudsters are getting more sophisticated every year.
At Davis Capital Management, we care about protecting more than your investments—we’re here to help safeguard your financial security, too. Here’s how to spot common holiday scams and keep your money and personal information safe this season.
The popularity of online shopping has resulted in an increase in package theft. The good news is that you can take steps to help prevent porch piracy by installing surveillance systems, monitoring delivery progress (e.g., online tracking or photo proof of delivery), and/or arranging for secure delivery.
Gift cards can typically be found on holiday wish lists, but unfortunately they are also popular with scam artists. Whether you are giving or receiving a gift card, you should always inspect it for signs of tampering and make sure that the barcode on the back matches the one on the packaging. In addition, you should only purchase or use gift cards from trusted retailers and reputable websites and always keep a copy of the gift card receipt.
Scam websites selling fake or nonexistent products often try to trick online shoppers by using website addresses and logos that are similar to popular brand or store names. To help you determine whether an online retailer is reputable, research sites before you shop and read reviews from past customers. Look for https:// in the website address and not just http://, since the “s” indicates a secure connection.
Beware of emails or texts that contain links or ask for personal information. Legitimate shopping websites will never email or text you at random and ask for your personal information. In addition, watch out for fake emails or texts disguised as package delivery or order notifications. Make sure that all delivery emails or texts are from reputable delivery companies that you recognize.
Fortunately, there are steps you can take to help protect yourself from scams:
How Inflation Erodes Your Retirement Savings—and What to Do About It Inflation is often called the “silent” threat to retirement, and the nickname is fitting. Unlike
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