Did you know that nearly every investment scam ever perpetrated was easily detected and more easily avoided? While Madoff may be a criminal, the greater crime is that investors continue to be swindled for no reason. In How to Smell a Rat, Ken Fisher takes an engaging and informative look at recent and historic examples of fraudsters, how they operated and how they can be easily avoided. Fisher shows readers the quick, identifiable features of potential financial fraudsters. In this book, readers will learn the questions to ask when assessing a money manager and how to spot red flags, such as:
Advisors who have direct access to investor's funds
Complicated sounding strategies
Showy displays, flashy titles or a fancy office
Firms with numbers that seem too good to be true
Managers with fees that are too low-Madoff didn't charge any fees, he just charged for trading
There should be a premium for integrity. Asking the right questions and looking for the right setups goes a long way toward finding a firm that will protect your interests and your assets. Trusted financial expert and bestselling author Ken Fisher will help readers avoid would-be embezzlers
Did you know that nearly every investment scam ever perpetrated was easily detected and more easily avoided? While Madoff may be a criminal, the greater crime is that investors continue to be swindled for no reason. In How to Smell a Rat, Ken Fisher takes an engaging and informative look at recent and historic examples of fraudsters, how they operated and how they can be easily avoided. Fisher shows readers the quick, identifiable features of potential financial fraudsters. In this book, readers will learn the questions to ask when assessing a money manager and how to spot red flags, such as:
There should be a premium for integrity. Asking the right questions and looking for the right setups goes a long way toward finding a firm that will protect your interests and your assets. Trusted financial expert and bestselling author Ken Fisher will help readers avoid would-be embezzlers