Half-stock

Related Subjects: Guaranteed-insurance-contract
Book reviews for "Half-stock" sorted by average review score:
Robbing You Blind: Protecting Your Money from Wall Street's Hidden Costs and Half-Truths: Moneymaking Strategies for Today's Investor
Published in Hardcover by William Morrow (March, 2000)
Author: Mark Dempsey
Amazon base price: $25.00
Used price: $0.01
Collectible price: $6.35
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Mark Dempsey's iconoclastic Robbing You Blind makes a persuasive case for actively supervising your own investments rather than unquestioningly accepting a broker's advice. Dempsey ought to know: Once a high flyer at a major brokerage, he now says he succeeded only by cajoling clients into purchases that helped him meet sales goals--whether or not they were appropriate. "If the average investor only knew what really goes on behind the scenes with their money," he once commiserated with a colleague, "they'd think differently about having us manage it." Investors with incomes from $50,000 to $100,000 represent most accounts on Wall Street, Dempsey notes, yet are treated far differently from those who earn more. While some of what he reveals--how they're denied information, squeezed out of prime opportunities, and routinely offered securities that prove most profitable to the broker--may not be news to sophisticated investors, many of his remedies apply to everyone. They include becoming fully informed (follow the news, use the Internet, join conference calls), avoiding investments with high fees, steering clear of anything that requires urgent action, and requesting discounts (commission breaks of 35 percent or more are often given to clients who ask). --Howard Rothman
Average review score:

make your own decisions
You may not like this book, but you will be glad you read it. Ultimately, you are your best financial advisor. Mark Dempsey does a good job exposing the conflicts of interest that exist with the world of Wall Street.

Money saving information
This book should be required reading for any that either have money or plan to have money in the stock market. Why? Because the tricks of the trade and hidden fees are going to eat into your profits and at the very least you should want to know where your money is going. Thinking of seeing a financial planner? Read this book to arm yourself against some of ploys they might use against you. Using a full service stock broker in your trades? Some of what goes on behind closed doors might surprise you.

You should understand how car salesmen work before buying a car, why not understand how mutual fund salesmen work before investing, especially since the amount of money is probably going to be a much larger amount.

It is the naïve and uninformed get soundly fleeced everyday in the financial markets, at the very least, read this book before making any large financial decisions that involve trusting the advice from a financial advisor, banker or stock broker. These often have built in conflicts of interests that could cost you money.

While pros and those in the know will probably not find anything here new, and stock brokers and other financial salesmen probably hate this book, I strongly recommend it to any that are thinking about entering the financial markets.

WHAT A JOY TO READ
I must have saved 10,000 dollars by reading this book. I have read it twice now and I am a better investor for it. The amount of money I saved in fees alone makes the book a real winner. GOOD STUFF!!!!

A Half-Century of Returns on Stocks and Bonds: Rates of Return on Investments in Common Stocks and on U.S. Treasury Securities, 1926-1976
Published in Hardcover by Univ of Chicago Graduate School of (December, 1977)
Author: Lawrence Fisher
Amazon base price: $10.00
Used price: $31.92

Related Subjects: Guaranteed-insurance-contract