- Paperback: 178 pages
- Publisher: Wiley; 1 edition (June 2, 2009)
- Language: English
- ISBN-10: 0470448792
- ISBN-13: 978-0470448793
- Product Dimensions: 6 x 0.6 x 9.1 inches
- Shipping Weight: 9.6 ounces (View shipping rates and policies)
- Average Customer Review: 4 customer reviews
- Amazon Best Sellers Rank: #5,544,974 in Books (See Top 100 in Books)
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Stop the Investing Rip-off: How to Avoid Being a Victim and Make More Money Paperback – June 2, 2009
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About the Author
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® designation (Certified Investment Management Analyst) from Wharton Business School in 1990 in conjunction with IMCA.
Top customer reviews
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One of the biggest industry lies Loeper exposes in very straightforward language is that despite regulatory diclosures that the past market performance of any stock, mutual fund, or other investment is not indicative of future performance, a very high percentage of all presentations to investors are essentially trying to tell investors the opposite is true. That the advisor himself, or another money manager they are recommending, supposedly does have a performance track record that foretells of future riches for the investor - a selling point in direct conflict with this required disclosure.
Many examples of this type can be found in this book and it provides the reader with several types of questions they can ask a prospective advisor to help avoid possibly catastrophic pitfalls.
I absolutely loved this book. I did not agree with everything, but it really makes you think about everything you think you know. I highly recommend it.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market