Stop the Investing Rip-off: How to Avoid Being a Victim and Make More Money - Softcover

Loeper, David B.

Softcover

ISBN 10: 0470448792 ISBN 13: 9780470448793

Publisher: Wiley, 2009

Synopsis

The Investing Rip-Off

How can you tell whether an advisor is conflicted or looking out for your best interests?

What questions should you ask when making important investment decisions?

How can you select investments that avoid needless expenses and risk?

As investors, many of us have put our faith in the financial services industry when it comes to the stewardship of our wealth. Unfortunately, the industry has consistently failed us on this front.

The financial services industry—including banks, brokerages, and insurance companies—is unique among all others. Through effective advertising and marketing, it's been able to evade being painted with the brush other underperforming industries have, and in most cases, their well-designed sales pitch has allowed them to effectively prey on the emotional desires of investors.

Based on author David Loeper's nearly twenty-five years of experience with this industry's inner workings, Stop the Investing Rip-off reveals the real costs of the investments we make, details the false and misleading information sold to us, and discusses the devastating effects they can have on personal wealth. With this book as your guide, you'll gain invaluable insights into the major segments of the financial services industry, how they spin their offerings, and the questions you need to ask before committing any money to a financial product or service you may be interested in.

Filled with in-depth insights and practical advice, Stop the Investing Rip-off sheds much-needed light on the often-unseen aspects of the financial services industry—exposing what¿only insiders know—and shows you how to avoid the conflicts of interest that could compromise your financial well-being.

About this title

From the Back Cover

Praise for the Second Edition of Stop the Investing Rip-off: How to Avoid Being a Victim and Make More Money

"There are money morons everywhere! I'm sick of running into them at neighborhood gatherings and family holidays and business lunches and in every form of media, always making mistakes that make other guys millionaires. It makes me want to clap my hand over their flapping lips and jam a copy of David's book into their paws. It's a sucker-bait neutralizer—and, boy, do we need fewer suckers." —Jason Kelly, author of The Neatest Little Guide to Stock Market Investing

Investment firms lie. Many are packed with charlatans and smooth-talking salespeople using insidious advertising and marketing techniques designed to prey on your emotional desires against your better financial judgment. But that isn't to say there isn't money to be made. Based on investment management expert David Loeper's almost twenty-five years of experience studying the investment industry from the inside, this fully revised and updated edition of Stop the Investing Rip-off is the only book you need to avoid being scammed and to make sure you are getting the most out of your money.

Shedding some much-needed light on the often unseen deceit practiced by the financial services industry and offering all-new strategies based on the performance of the stock market over the past two years, the book provides—and explains—the questions every investor needs to ask before parting with their hard-earned cash. A staunch advocate of the consumer, the book teaches you the tricks that insiders use to make attractive sales pitches and how to dig deeper to uncover whether these opportunities are the real deal.The complete guide to avoiding hidden charges and making more money, Stop the Investing Rip-off is the one-stop resource for the savvy individual investor.

About the Author

David B. Loeper is the founder and CEO of Financeware, Inc. He has appeared on CNBC and Bloomberg TV, served on the Investment Advisory Committee of the $30 billion Virginia Retirement System, and was chairman of the Advisory Council for the Investment Management Consultants Association (IMCA). He earned the CIMA® designation (Certified Investment Management Analyst) from Wharton Business School in 1990 in conjunction with IMCA.

About this edition

• Publisher: Wiley
• Publication date: 2009
• ISBN 10: 0470448792
• ISBN 13: 9780470448793
• Binding: Paperback
• Edition number: 1
• Number of pages: 178