Tim Lam - Financial Security Advisor

Tim Lam - Financial Security Advisor How my social media page is used: https://www.freedom55financial.com/ff/social-media #

03/08/2024

*** AMAZON ACCOUNT ALERT (NOT SPAM EMAIL) ***

I like to share my unfortunate experience and strongly advice everyone to remove any saved payment information on your amazon account or any e-commerce site.

Yesterday, I received 2 email order confirmation for 2 apple e-gift cards. One from .ca and one from .com. Both e-gift cards were emailed to [email protected]

So my account was hacked, even with 2-steps verification enabled!

When I checked my order history on amazon, I didn't see my orders at first. I then realized the orders were archived. I didn't even know you can archive your orders.

I chatted with amazon and he said since the gift cards are e-products and cannot be cancelled so they can't provide a refund. He gave me an apple support phone number to call. I asked should I contact my bank for refund and he said no, call the apple support.

I asked what can I do to prevent this from happening again? He said to enable Two-steps verification. I said I already have and I tried to login to the account. Sure enough, I received a code. He then said I will escalate this case and someone will contact me within 24 hours.

Of course after talking to the apple support, they were not able to give me a refund because I do not have the serial numbers or the activation codes for the gift cards.

This experience tells me that there is really no protection for consumers and it is up to each of us to protect ourselves.

In this case, do not choose convenience over security.

So I am now back to calling the bank.

Again, if you have payment info saved on amazon or any web site, I highly recommend to remove those information.

Monday is the best day of the week!
03/15/2020

Monday is the best day of the week!

Best day of the week is Monday!
03/01/2020

Best day of the week is Monday!

Avoid panic sell if you have a long term horizon.  Let's discuss about your investment strategy and how to better handle...
02/28/2020

Avoid panic sell if you have a long term horizon. Let's discuss about your investment strategy and how to better handle these kind of situation. Send me a message.

The outbreak of the coronavirus (COVID-19) is a human tragedy for all those affected, and recent heightened concerns are...
02/27/2020

The outbreak of the coronavirus (COVID-19) is a human tragedy for all those affected, and recent heightened concerns are spilling over into global economic and capital market concerns – causing sharp drops in market values and an increase in volatility. Market corrections are uncomfortable, but we caution investors against emotional reactions that take them away from their well-balanced and risk aligned investment plans.
This latest GLC Insights will provide you with:
• an understanding of the market reaction
• what GLC’s portfolio managers are doing
• five ways investors can stay on track to meeting their investment goals in today’s markets.

https://www.glc-amgroup.com/news-insights/market-outlooks-insights/glc-insights-coronavirus-five-ways.html

Capital market investors are facing the difficult task of incorporating a worrisome event, that is evolving by the hour, into market prices.

Monday is the best day of the week!
02/23/2020

Monday is the best day of the week!

Weekly motivation.Monday is the best day of the week!
02/16/2020

Weekly motivation.

Monday is the best day of the week!

Here is the outline of a good article about RRSP.- Who can contribute to an RRSP- The 2020 RRSP contribution limit- How ...
02/15/2020

Here is the outline of a good article about RRSP.

- Who can contribute to an RRSP
- The 2020 RRSP contribution limit
- How much to contribute to your RRSP
- Find the right number with a financial plan
- When you shouldn’t contribute to an RRSP
- How to figure out your RRSP contribution limit
- How to contribute to your RRSP
- Automatic RRSP contributions
- What happens if you over-contribute to your RRSP?
- Avoid RRSP tax penalties
- How to claim a tax deduction for your RRSP contribution
- Deferring RRSP deductions
- What to do with your tax return
- RRSPs are just one part of your retirement income

Click on the link if you want to know more. If you have more questions, DM me.



Find out how much to contribute to Registered Retirement Savings Plan to maximize your tax savings and ensure a comfortable retirement.

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