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Wall Street Potholes

By Lack, Simon A

Product Image: Wall Street Potholes

Wall Street Potholes

By Lack, Simon A

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Description
WALL STREET POTHOLES Most of us buy financial products and services with the knowledge of an amateur, and we are often vulnerable to an unscrupulous advisor. While the financial services industry is full of good people, there are too many "me-first" advisors who offer less than a fair deal for their clients. In Wall Street Potholes, Simon Lack—bestselling author and investment guru—shares insights into the money management industry toreveal the all-too-often shady practices that benefit the salesman far more than the client. The author draws on his own experience as well as contributions of four experienced money managers to give you straight-from-the-hip intelligence about investing. Together they reveal how to recognize bad advice and when it's better to just walk away from anunprincipled advisor. Wall Street Potholes includes a discussion about the potential risks of investing in non-traded Real Estate Investment Trust (REIT) ventures that provide substantial guaranteed fees to the broker while often generating disappointing returns for the investor. Discover just how big the profit margin is on different products, and why Wall Street intentionally makes things as complicated as possible to keep investors in the dark. The author lays out the proven tactics for combatting these practices and helps investors avoid buying overpriced products. Armed with the strategies outlined in Wall Street Potholes, investors can avoid financial advisors who deceitfully put their own interests first. Make the best decisions for your money with an understanding of the real reasons behind the exercise of bundling and why Wall Street fears consumers that comparison shop. With this important resource as a guide, learn better portfolio management techniques and the significance of benchmarking and why so many financial firms avoid this necessary practice. Wall Street Potholes is filled with illustrative examples, vital information, and time-tested strategies that will give you more control over your money and your financial future.
Product details
Edition:
1
Number of Pages:
256
Release Date:
2016-02-26
Publication Date:
2015-11-02
Publisher:
Wiley
Languages:
Original: English
ISBN10:
1119093279
ISBN13:
9781119093275
GPSR Manufacturer Reference:
[email protected]
Weight:
528 g
Height:
157 cm
Width:
235 cm
Thickness:
18 cm
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