{"product_id":"outsmart-the-money-magicians-maximize-your-net-worth-by-seeing-through-the-most-powerful-illusions-performed-by-wall-street-and-the-irs-9781265432966","title":"Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003eA Wall Street insider reveals how financial firms take advantage of individual investors and provides insights to turn the tables. The book highlights biased practices, such as encouraging monthly savings, hiding profits, leveraging fear of tax brackets, and forcing advisors to use customers as products. It offers action steps to protect portfolios and maximize wealth-building efforts, including asking financial planners the right questions and receiving clear reports. The book is particularly relevant in today's uncertain financial environment, offering insider insights and practices for avoiding financial traps. \u003c\/blockquote\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Hardback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 256 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 15 December 2023\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: McGraw-Hill Education\u003cbr\u003e\u003c\/p\u003e \u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003eNationwide brokerage firms have perfected the secrets for how to legally fool the rest of us into giving them our hard-earned money. Written by a renowned leader and financial reform advocate who has seen every trick in the book firsthand, Outsmart the Money Magicians reveals how biased the financial system often is, and helps you see through the illusions, understand exactly what is happening with your money, and make investing and tax decisions accordingly. You'll learn everything there is to know about how often Wall Street and the IRS rely on hard-to-see deceptions that encourage the public to behave a certain way, including:\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003eEncouraging people to save a fixed amount each month in an illusion called Pay Yourself First. Hiding the profits created by dividends and rebalancing to motivate people to sell investments worth keeping. Leveraging fear of the higher \"tax bracket\" to incentivize us to spend more money on government-approved deductions. Giving every member of their salesforce the same \"advisor\" title, even though they often have very different offerings like mortgages, insurance, and credit cards. Forcing advisors to use their customers like products whenever they change firms. Refusing to commit in writing to a service model regular people can understand and appreciate. Outsmart the Money Magicians provides clear, easy-to-understand action steps to protect your portfolio and maximize your wealth-building efforts. Readers will learn the 14 Questions to Ask a Financial Planner and access templates for the kinds of reports Wall Street should be providing. With an example.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 470g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 236 x 160 x 28 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9781265432966\u003c\/p\u003e","brand":"Christopher R. Manske","offers":[{"title":"Hardback","offer_id":45179387379962,"sku":"9781265432966","price":18.29,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/noImage_1_3fb82f3a-9db6-4422-a99b-ca2da92ac7a0.jpg?v=1707752949","url":"https:\/\/shulphink.com\/products\/outsmart-the-money-magicians-maximize-your-net-worth-by-seeing-through-the-most-powerful-illusions-performed-by-wall-street-and-the-irs-9781265432966","provider":"Shulph Ink","version":"1.0","type":"link"}