The Big Investment Lie : What Your Financial Advisor Doesn't Want You to Know
(eBook)
Author
Published
[Place of publication not identified] : Berrett-Koehler Publishers, 2007.
Format
eBook
ISBN
9781609943196
Physical Desc
1 online resource (298 pages).
Status
Description
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Language
English
UPC
9781609943196
Notes
Restrictions on Access
Access limited to subscribing institutions.
Description
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, and 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 40 percent to over 100 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.
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System requirements: Adobe Digital editions.
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Citations
APA Citation, 7th Edition (style guide)
Edesess, M. (2007). The Big Investment Lie: What Your Financial Advisor Doesn't Want You to Know . Berrett-Koehler Publishers.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Edesess, Michael. 2007. The Big Investment Lie: What Your Financial Advisor Doesn't Want You to Know. Berrett-Koehler Publishers.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Edesess, Michael. The Big Investment Lie: What Your Financial Advisor Doesn't Want You to Know Berrett-Koehler Publishers, 2007.
MLA Citation, 9th Edition (style guide)Edesess, Michael. The Big Investment Lie: What Your Financial Advisor Doesn't Want You to Know Berrett-Koehler Publishers, 2007.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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Grouped Work ID
e09c2317-d1d5-049f-fa8b-68685d508f05-eng
Grouping Information
Grouped Work ID | e09c2317-d1d5-049f-fa8b-68685d508f05-eng |
---|---|
Full title | big investment lie what your financial advisor doesn t want you to know |
Author | edesess michael |
Grouping Category | book |
Last Update | 2024-05-14 23:01:43PM |
Last Indexed | 2024-06-29 04:19:10AM |
Book Cover Information
Image Source | syndetics |
---|---|
First Loaded | Jun 8, 2022 |
Last Used | Apr 24, 2024 |
Marc Record
First Detected | Aug 13, 2021 12:36:46 PM |
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Last File Modification Time | Aug 13, 2021 12:36:46 PM |
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