
Stop the Investing Rip-off
How to Avoid Being a Victim and Make More Money
David B. Loeper(Author)
Wiley (Publisher)
1st Edition
Published on 12. June 2009
Book
Paperback/Softback
178 pages
978-0-470-44879-3 (ISBN)
Article exhausted; check for reprint
Description
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.
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.
More details
Edition
1., Auflage
Language
English
Place of publication
Chichester
United Kingdom
Publishing group
John Wiley and Sons Ltd
Illustrations
Illustrations
Dimensions
Height: 23 cm
Width: 15.3 cm
Thickness: 14 mm
Weight
254 gr
ISBN-13
978-0-470-44879-3 (9780470448793)
Schweitzer Classification
Other editions
New editions

Book
12/2011
2nd Edition
Wiley
€19.00
Shipment within 15-20 days
Additional editions

E-Book
05/2009
Wiley
€12.99
Available for download

E-Book
04/2009
Wiley
€12.99
Available for download
Person
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(r) designation (Certified Investment Management Analyst) from Wharton Business School in 1990 in conjunction with IMCA.
Content
Preface.
Acknowledgements.
Chapter 1 Major Brokerages Firms.
Chapter 2 Investment Advisers.
Chapter 3 Hybrids- Advisory Services Provided Through Brokerages.
Chapter 4 Discount Brokers.
Chapter 5 Financial Planners, Wealth Managers.
Chapter 6 The Financial Press.
Chapter 7 The Broadcast Media.
Chapter 8 Authors, Self Help Books, and Financial Celebrities.
Chapter 9 Mutual Funds and ETFs.
Chapter 10 Insurance Agents (and Insurance Companies).
Chapter 11 Your Company-Endorsed Retirement Plan Advisor.
Chapter 12 Banks and Trust Companies.
Chapter 13 Software, Web Sites, and Financial Educators.
Chapter 14 Pitches They All Use to Sacrifice Your Life.
Chapter 15 Resources to Protect Yourself.
Conclusion.
Appendix A The Other Millionaire You Make with 2.5 Percent Excess Fees.
Appendix B: The Other Millionaire You Make with 1.5 Percent Excess Fees.
About the Author.
Index.
Acknowledgements.
Chapter 1 Major Brokerages Firms.
Chapter 2 Investment Advisers.
Chapter 3 Hybrids- Advisory Services Provided Through Brokerages.
Chapter 4 Discount Brokers.
Chapter 5 Financial Planners, Wealth Managers.
Chapter 6 The Financial Press.
Chapter 7 The Broadcast Media.
Chapter 8 Authors, Self Help Books, and Financial Celebrities.
Chapter 9 Mutual Funds and ETFs.
Chapter 10 Insurance Agents (and Insurance Companies).
Chapter 11 Your Company-Endorsed Retirement Plan Advisor.
Chapter 12 Banks and Trust Companies.
Chapter 13 Software, Web Sites, and Financial Educators.
Chapter 14 Pitches They All Use to Sacrifice Your Life.
Chapter 15 Resources to Protect Yourself.
Conclusion.
Appendix A The Other Millionaire You Make with 2.5 Percent Excess Fees.
Appendix B: The Other Millionaire You Make with 1.5 Percent Excess Fees.
About the Author.
Index.