Serious Money explains why stockbrokers, investment firms, financial consultants and the mass media do not always have your best interests at heart. In this hard-hitting book, author Rick Ferri takes the investment industry to task for spending too much effort on selling and too little on meeting the needs of serious investors.
- Find out why “beat the market” strategies almost always fail
- Learn how management fees and commission costs erode your earnings
- Understand the ulterior motive driving most investment advice
It’s time to take charge of your financial future and leave the gimmicks, false promises, “miracle” stories and media hype of today’s investment frenzy behind. Ferri maps out the steps you need to develop a successful approach to investing for retirement. He shows how market-matching index funds and other “passive” strategies truly build wealth while keeping investment costs and taxes to a minimum. These same strategies have been used successfully by many large corporations and public retirement plans over the last twenty years. This book can save you time, money, and headaches.