Description
* Description
* Recognize Wall Street tactics for what they are, and make smarter decisions with your moneyWall Street Potholes shares
ins into the money management industry, revealing the shady practices that benefit the salesman far more than the
client. Bestselling author Simon Lack brings together a team of experienced money managers to give you
straight-from-the-source intel, and teach you how to recognize bad advice and when it's better to just walk away.
Investors are rightly suspicious that many products are sold more because of the fees they generate than their
appropriateness to the client's situation, and that's only the beginning. This book lays it all bare so you can walk
into your next deal with your eyes wide open. You'll learn just how big the profit margin is on different products, and
why Wall Street intentionally makes things as complicated as possible. You'll earn expert tactics for combatting these
practices, so you can avoid buying overpriced products and confidently discriminate against advisors who put their own
interests first.
For all the volumes of investment advice on the market, dissatisfaction with the financial services industry has never
been higher. This book describes the reason for that disconnect, and tells you how to see through the smoke and mirrors
to make the best decisions for your money.
* Discover the profit margin built into some popular products
* Learn the reason behind bundling and why Wall Street fears comparison shopping
* Consider the importance of benchmarking, and why so many firms avoid it
* Become better informed so you can easily recognize poor investment advice
If asking questions of your financial advisor only nets more confusion, if you want to have more control over your
money, you need a firm grasp of how these firms manipulate your trust.Wall Street Potholes tells you what you need to
know to become a smarter investor.
Number of Pages: 241
Genre: Business + Money Management
Format: Hardcover
Publisher: John Wiley & Sons Inc
Author: Simon Lack
Language: English
Estimated shipping dimensions: 8.0INCH X 2.0INCH X 10.0INCH
DPCI : 247-48-5657
UPC : 9781119093275
TCIN : 21406917
Estimated shippimg weight: 1.0POUND
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Wall Street Potholes : Ins from Top Money Managers on Avoiding Dangerous Products (Hardcover)
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