Wall Street potholes : insights from top money managers on avoiding dangerous products

Wall Street potholes : insights from top money managers on avoiding dangerous products / Simon A. Lack.

Recognize Wall Street tactics for what they are, and make smarter decisions with your money. Wall Street Potholes shares insights into the money management industry, revealing the shady practices that benefit the salesman far more than the client. Bestselling author Simon Lack brings together a team...

Full description

Saved in:
Bibliographic Details
Main Author: Lack, Simon A.
Format: eBook
Language:English
Published: Hoboken, N.J. : Wiley, 2015.
Subjects:
Investments.
Portfolio management.
Finance, Personal.
BUSINESS & ECONOMICS > Finance > Wealth Management.
Finance, Personal
Investments
Portfolio management
Online Access:Click for online access
Table of Contents:
  • Title Page; Copyright; Table of Contents; Dedication; Preface; Acknowledgments; Chapter 1: Non-traded REITs: A Security That Shouldn't Exist; Poor Advice; Why Not Get a Listing?; Disingenuous Advice; Whose Side Is Your Financial Advisor On?; Where Are the Regulators?; Overall Returns Are Poor; The Importance of Benchmarking; Puts and Calls; Financial Advisors Need to Do Better; Chapter 2: Why Investors Pay Too Much for Yield; The Mysteries of Closed-End Funds; Investors Can Overpay to Simplify Their Taxes; The HFT Tax; When Managers Run a Company for Themselves; The Ham Sandwich Test.
  • If the Prospectus Says You'll Be Ripped Off, It Must Be LegalTiming Is Everything; Chapter 3: Why Structured Notes Are Rarely the Best Choice; Caveat Emptor!; Structured Note Basics; Why Buy Structured Notes?; The Heart of the Matter: The Arguments Against; Chapter 4: Update to The Hedge Fund Mirage; Hedge Funds Remain a Great Business; Industry Reaction to the Dismal Truth; Why Hedge Funds Are Still Growing; Some Accounting Rules Are Dumb; Politics Drives Asset Flows; Too Much Capital; For Once, the Retail Investor Wasn't Duped; Chapter 5: Why Is Wall Street So Inefficient?
  • Why Is Finance So Expensive?Trading Doesn't Build a Secure Retirement; Invest Time before Money; Sex and Investing; Complexity Sells; The Hidden Costs of Municipal Bonds; Some Bankers Just Don't Think; Chapter 6: The Un-Portfolio and Better Portfolio Management Techniques; Background; Un-Portfolios and Diversification; Fees and the Black-Box Models; Other Examples of Un-Portfolios; Exchange-Traded Funds; Mutual Funds and Fees; Load Funds; Fiduciary Duty; Portfolio Management Basics; Summary and Conclusion; Bonus Section; Chapter 7: Annuities; Introduction; What Is an Annuity?
  • What Are the Different Types of Annuities?Variable Annuities; Associated Risks; Other Risks Are Lack of Flexibility; Variable Annuity Riders; Illiquidity, or the Lack of Being Able to Get to Your Money; Evaluation of Returns: Investment Options inside of Variable Annuities; Fee and Charges; Options If You Already Own an Annuity; When Should You Consider Using an Annuity?; Recent Developments with Annuities; Savings Bonds: Little-Known Good Deal; Chapter 8: Is the Most Important Professional in Your Life Even a Professional?; My Start as a Broker; Pressure to Generate Business.
  • Why You Don't Invest with Borrowed MoneyHas the Industry Made Any Progress?; Is Financial Advisory a Profession?; Why You Want a Fiduciary; More Things to Consider When You Choose Your Advisor; A Better Way to Measure Results; Chapter 9: Putting Investors First; The Future of Finance; Understand Who Your Advisor Works For; Really Understand the Fees; Try Asking These Questions; What Else Can Be Done?; The Role of CFA Institute; Bigger Isn't Always Better; About the Contributors; About the Author; Bibliography; Index; End User License Agreement.

Similar Items