ENGLISH

Beat the Bank

By Larry Bates

Book information

Publisher
Audey Press
Year
2018
ISBN
1775343707, 9781775343707
Language
english
Format
EPUB
Filesize
1 MB (1142440 bytes)
Edition
1
Pages
208\0
Time added
2020-01-04 22:32:55

Description

You work hard. You sacrifice to save. You risk your money in the market over your working lifetime and you trust your bank to treat you fairly. But your bank strips away half of your lifetime investment returns in fees. Without realizing it, millions of Canadians are in precisely this position. How does the industry pull this off? The big Canadian banks - and by extension our entire financial industry - occupy a position of paternalistic authority that too many individual investors respect unquestioningly. The industry brilliantly capitalizes on the combination of poor understanding of fees, deep loyalty, and misplaced trust by charging Canadians the highest investment fees in the world. There is a better way!

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