The Big Investment Lie

Name: The Big Investment Lie
Brand: Berrett-Koehler Publishers
SKU: 9781576754078-PRUSDTR
Price: 164.0 HKD
Availability: InStock

What Your Financial Advisor Doesn't Want You to Know

Michael Edesess (Author) ... more

Edition: US - Hardback

Variant

Price:

HK$164.00 HK$250.00

Stock:

Re-stocking soon

Quantity:

Product Info

English

312 pages • 6.75 x 9.5 x 0.95 in

Approx. weight: 1.31 lb

Publication date: 14 Jan,2007

Barcode: 9781576754078 • Berrett-Koehler Publishers

More books in English for Age -

Self-help/ personal development/ practical advice

Personal finance
Investment and securities

Share this product

By: Michael Edesess

An insider’s account of how consumers are scammed by the investment advice industry, and how to avoid throwing your money away.

The investment advice and management industry is built on fraud: the idea that professional advisors can predictably and consistently help you get a better rate of return on your investments. The industry sells us on this lie using manipulative tactics that are studied, refined, Wall Street-minted, Madison Avenue-packaged—and extraordinarily effective.

Here, Michael Edesess exposes the shocking truth that, in fact, behind the success of nearly every prosperous investment professional lies not the ability to procure higher rates of return on investment for his or her clients but the ability to procure astoundingly high fees from those clients and nothing more. Through fascinating and sometimes humorous anecdotes and straightforward explanations of investment theory and scientific evidence, Edesess reveals just how badly investors are being scammed by The Big Investment Lie.

He examines how the master salespeople that make up the industry sell their cleverly concocted distortions of truth—to the tune of $200 billion a year—to unsuspecting consumers who swallow them hook, line, and sinker. He then shines a spotlight on the true cost of the industry’s useless advice, showing that a prudent independent investor, following a conservative strategy, can reap anywhere from forty percent to over one hundred percent more than an investor who falls for The Big Investment Lie. Detailing the Ten New Commandments for Smart Investing—practical advice for how, where, and when to invest your money to maximize wealth—The Big Investment Lie provides the guidance you need to secure your financial future without throwing your hard-earned money away on the fraudulent investment advice industry.