Review:
Some 10 million Americans use full-commission stockbrokers today--and most of them are overpaying for under performance, writes analyst John G. Wells in Kiss Your Stockbroker Goodbye: A Guide to Independent Investing. However, Wells argues, a series of widely accessible alternatives now makes it easier to forego this always costly and often ineffectual investment route. He outlines the steps needed, and the resources available, to all investors who would rather serve as their own brokers.
From the Inside Flap:
nal-finance mutiny: record numbers of individual investors are taking their portfolios into their own hands. Now that ordinary citizens can easily access investment information and trade shares, the magic wisdom of a broker is becoming an outdated myth. In this brilliant call to arms, John G. Wells exposes the truth: most brokers don't even match the average return of the stock market.
Wells's clear, accessible advice takes the mystery out of buying stocks and provides a detailed plan of action. For beginning and experienced investors alike, Wells simplifies the process and introduces all the tools needed to execute your own investment activities with tips such as:How to find and work with discount brokers Where to find the most reliable information, including hundreds of print and electronic sources Who to ask when you need advice, how much they'll charge, and why their advice will be less biased than a broker's A detailed directory of financial products and services A sound, easy-to-imp
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