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: John Wiley & Sons, 2009

Synopsis

An investor′s guide to avoiding hidden charges and making more on investments

In the investment arena including mutual funds, hedge funds, and stocks there are hidden costs such as managerial fees or marketing expenses that can cost investors at least 3–6% of their earnings. These dangers are real, and in Stop the Investing Rip–off, author David Loeper sheds much–needed light on the oft–unseen deceit of the financial services industry. This book serves as an advocate of the consumer, exposing what insiders know about the side of the sales pitches that consumers don′t, but need to hear. Filled with in–depth insights and practical advice, Stop the Investing Rip–off addresses questions every investor should ask during a financial sales pitch, before they pull the trigger and buy into the next financial product or advisory service. Based on David Loeper′s nearly 25 years of experience of seeing the inner workings of the industry, Stop the Investing Rip–off reveals the real costs of the investments we make, the false and misleading information sold to us, and details the devastating effects they can have on personal wealth.

David B. Loeper (Richmond, VA) is the CEO of Financeware, Inc. Prior to founding Financeware in 1999, Loeper was managing director of strategic planning for the retail brokerage division of Wheat First Union and served on the Investment Advisory Committee of the nearly $30 billion Virginia Retirement System. He is also the author of Stop the 401(k) Rip–off (978–1–934454–10–7).

About this title

Product Description:

Unusual book

From the Back Cover:

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 edition

• Publisher: John Wiley & Sons
• Publication date: 2009
• ISBN 10: 0470448792
• ISBN 13: 9780470448793
• Binding: Paperback
• Number of pages: 178