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Fire Your Broker Hardcover – September 5, 2017
"Children of Blood and Bone"
Tomi Adeyemi conjures a stunning world of dark magic and danger in her West African-inspired fantasy debut. Learn more
Author interviews, book reviews, editors picks, and more. Read it now
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Kelly sets out - in clear and entertaining prose - what every investor should know about buying, holding and selling securities in an investment account. This is not one of the many investing guides where the author is desperately trying to show how smart he is or to sell you services or products. This is a sincere how-to, that provides the basics of what every investor needs to know to protect themselves and develop their personal portfolio.
Complex products and services are outlined in a way that makes them understandable. Kelly knows how much to say - and not to say - to keep the reader engaged and interested in the subject. He leaves ample opportunity for the reader to pursue the subject further, without the all-too-typical baiting the reader to buy something from the author. Kelly respects the reader, but also strives to make the reader understands that good investing practices require knowledge, discipline and diligence.
Reading this book will not necessarily make you wealthy, but if you understand what is said and follow the advice, you should eliminate 95% of the chances that you will loose money from stupid, ignorant or unethical practices.
whether you are an investor or an advisor. The model developed by
the large firms in the 1980's and 1990's which relied on mass marketing
and volume sales is over. Today every investor should seek out
qualified advice from a true trusted advisor.
Kelly omits the point about "advisors" preparing financial
plans for free, which are really glorified sales tools for the
salesman. TINSTAFL - There is no such thing as a free lunch.
Solid professionals, whether they are a Doctor, Attorney, CPA or any other
degreed and licensed professional charge for their service. A free
financial plan is a LARGE Blinking sign that says buyer beware.
Take the time to read the book and then discuss your current advisor
with an unbiased friend to see if they are committing the professional
sins outlined by Kelly. Rate them and then decide whether you need
to Fire Your Broker or realized that you have one of the few true
professionals in the profession.
In full disclosure, I am in the Financial Services Industry and beleive
deeply in what Kelly has written. As I read the book, I wondered how
our clients would answer the questions posed. While I beleived I
know the answer, I am going to present copies to my clients and ask them
to read the book and evaluate our business.
Campbell's skill at boiling down complex concepts into crisp, concise statements is what makes him so good on television. He brings those same skills to bear in Fire Your Broker, a slim volume brimming with sage advice for investors at every level. It's essentially a "how-to" manual for finding an honest, effective financial adviser in the era of Bernie Madoff. Highly readable.