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Avoid the Scams of Brokers & Advisors

Avoid the Scams of Brokers & Advisors


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About the Book

Wall Street is a 'war' zone We must enter this 'war' zone with the protection of knowledge. We could lose all our lifelong savings in one trade. Brokers and advisors have weapons that can 'kill' us financially. They are hidden behind lies, exaggerations, obfuscations and straight-out fraud like faking our signature. Half-truths and our assumptions and greed are also at play. These are our 'soft' underbelly targets. Usually we are not 'innocent' children. We want great investment returns with little risk. We want great investment ideas that give us something to brag about. We want to feel like we will be rich without the time and effort to achieve it. We don't understand compounding and how investments work. We give a total stranger our money without finding out about them or their firm. Sometimes we give them every cent we have without knowing a thing about the thing we bought. We think that because the broker or advisor is well-known or their employer runs cool advertisements they must be trustworthy. We think that we could never be cleaned out because our government regulates them. We think that if it came to it we could sue them for our losses. I submit that investing with a Wall Street broker or advisor is DANGEROUS unless we do our homework. I know you will be more careful when you work with your broker or advisor AFTER you review all the SCAMs in the next chapter. If you have been burned before, you might chose to leave your broker or advisor and go with the alternative I am proposing in the following chapters. I have come to the conclusion after being in the business for over 20 years that you are going to be more successful following Warren Buffett's advice. He is not paid to take your profits.
About the Author: Ian Sender has been a financial services executive for over 20 years. He was a managing director of sales units of securities firms. Ian lives in New Jersey and the Caymans. Ian is the author of The Pimps of Wall Street: You put up the money, take all the risks and we middlemen take 63%. He is one of the insiders who contributed to the The Insiders Guides set of buyers' guides edited by Dan Keppel.


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Product Details
  • ISBN-13: 9781726328029
  • Publisher: Createspace Independent Publishing Platform
  • Publisher Imprint: Createspace Independent Publishing Platform
  • Height: 229 mm
  • No of Pages: 52
  • Spine Width: 3 mm
  • Width: 152 mm
  • ISBN-10: 1726328023
  • Publisher Date: 01 Sep 2018
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 132 gr


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