Naked Investor
Why Almost Everybody But You Gets Rich On Your Rrsp
- Publisher
- Penguin Group Canada
- Initial publish date
- Dec 2004
- Category
- General
-
Paperback / softback
- ISBN
- 9780143016236
- Publish Date
- Dec 2004
- List Price
- $25
Classroom Resources
Where to buy it
Out of print
This edition is not currently available in bookstores. Check your local library or search for used copies at Abebooks.
Description
Over 6 million Canadians control more than $500 billion in RRSP and RRIF investments...or do they?
Do RRSP owners support an industry that feeds on the fear and ignorance of Canadians ill-prepared to manage their retirement assets? While claiming professional status, financial advisors are salespeople often more closely aligned with mutual fund marketers and bond dealers than with their own clients. What’s more, the industry insists on a policy of self-regulation, unhindered by direct government supervision and unresponsive to demands for transparency and accountability.
The Naked Investor sounds a wake-up call for Canadians hoping to retire in comfort and security. Through real-life stories, many of them heart-rending in their tragedy and unfairness, it exposes the dark side of the investment industry in dramatic fashion, revealing the ploys and tactics of greedy brokers and advisors, voracious banks and mutual fund operators, false prophets posing as celebrity gurus, and outright embezzlers who steal the dreams of trusting clients.
Written with passion and sly humour, The Naked Investor will disturb both an industry that appears more focused on building wealth for itself than for its clients and RRSP investors whose trust too often is misplaced with devastating consequences.
About the author
John Lawrence Reynolds has had thirty works of fiction and nonfiction published. His work has earned two Arthur Ellis Awards for Best Mystery Novel, a National Business Book Award, and a CBC Bookie Award. His bestselling book Shadow People, tracing the development and influence of secret societies through history, was published in fourteen countries and twelve languages. He has also authored several business and investment books, including the bestselling The Naked Investor and its sequel, The Skeptical Investor, as well as his assessment of the 2008-2009 global financial crisis, Bubbles, Bankers & Bailouts. A Murder for Max is his first book in the Maxine Benson Mystery series. He lives in Burlington, Ontario, with his wife, Judy. For more information, visit www.wryter.ca.