Do you have a high-risk tolerance when investing your money? Or do you prefer a more conservative path? If your financial advisor does not understand your risk tolerance and makes poor decisions on your behalf, you may be able to recover your investment losses. To know your risk tolerance, your answer may be affected by…
When you hire a financial advisor, you’re trusting them with your investment future. Financial advisors and brokers sometimes earn a commission on the trades and purchases conducted on your behalf. There may also be other fees charged to your investment account. Know When and Why You Are Paying Commissions It’s important to understand how broker…
You’ve likely heard it a dozen times – diversify your portfolio for maximum gains and protection against major market fluctuations. But what does that really mean? Diversity in your financial portfolio refers to spreading your investments throughout multiple assets so that your exposure to any one type is limited and minimized. This process is designed…
You work hard for your money. So, when you experience problems with your paycheck, it can be stressful and cause difficulties that affect you and your family. In Missouri, wage laws are governed by the Fair Labor Standards Act (FLSA) and the Missouri Wage and Hour laws. These policies cover a wide range of issues…
Many individuals who invested in the stock market in 2019 experienced unparalleled success and high growth in their portfolio. In fact, the S&P 500 was up 28.9% for 2019. There were some people, however, who were not so fortunate. Instead of reaping the benefits of the booming market, some sustained losses as a result of…
We are living in a fascinating time where the stock market is exploding. In 2019, the growth of the market was significant: the Dow 30 jumped 22.3% the S&P 500 gained 28.9% and NASDAQ rose 35.2%. In this booming market, working with financial advisors and brokers is the traditional method for taking part in the…
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Voytas Law, LLC has represented many hourly workers in wage disputes. With the Passage of Proposition B, Missouri’s minimum wage is set to increase to $9.45 per hour in 2020. This makes the minimum overtime rate, where applicable, $14.18. Tipped employees must make $4.73 per hour, plus tips necessary to bring the total compensation to…
Rick Voytas represented Mr. Robert Pace in a jury trial in 2019. Robert was a worker at a car wash in St. Louis. Rick Voytas won $18,522 in unpaid tips for Robert at trial by using the Fair Labor Standards Act. The Act specifies that only tipped employees, not management, can share in a “tip…
Frequently, a potential client contacts Voytas Law, LLC with two problems: they have just been sued over credit card or medical debt, and they don’t have any cash to deal with the problem because they decided to pay a “debt settlement” or “debt relief” company months ago to “negotiate” the debt away. While it is…