An investor's guide to avoiding hidden charges and making more on investments
In the investment arena including mutual funds, hedge funds, and stocks there are hidden costs such as managerial fees or marketing expenses that can cost investors at least 3-6% of their earnings. These dangers are real, and in Stop the Investing Rip-off, author David Loeper sheds much-needed light on the oft-unseen deceit of the financial services industry. This book serves as an advocate of the consumer, exposing what insiders know about the side of the sales pitches that consumers don't, but need to hear. Filled with in-depth insights and practical advice, Stop the Investing Rip-off addresses questions every investor should ask during a financial sales pitch, before they pull the trigger and buy into the next financial product or advisory service. Based on David Loeper's nearly 25 years of experience of seeing the inner workings of the industry, Stop the Investing Rip-off reveals the real costs of the investments we make, the false and misleading information sold to us, and details the devastating effects they can have on personal wealth.
David B. Loeper (Richmond, VA) is the CEO of Financeware, Inc. Prior to founding Financeware in 1999, Loeper was managing director of strategic planning for the retail brokerage division of Wheat First Union and served on the Investment Advisory Committee of the nearly $30 billion Virginia Retirement System. He is also the author of Stop the 401(k) Rip-off (978-1-934454-10-7).