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Naked Investor: Why Almost Everybody But You Gets Rich On Your Rrsp
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Naked Investor: Why Almost Everybody But You Gets Rich On Your Rrsp

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3.48  ·  Rating Details ·  21 Ratings  ·  3 Reviews
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 t
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Published December 28th 2004 by Penguin Canada (first published December 24th 2004)
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Peter Scholtens
Sep 13, 2010 Peter Scholtens rated it really liked it
Well-written book illustrating the perils of institutional investing in Canada. I appreciated the many examples of people who got cheated by advisors and the clear direction on what to look out for.

Unfortunately, being published in 2007, the book is a little dated by now, but otherwise a good read. In addition, one of the main problems I see with a book like this is that it frightens all investors and they just put their money in GICs or under their mattress. It would have been nice if he had pr
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Terence
Aug 05, 2008 Terence rated it it was ok
Sorry but nothing really groundbreaking in this book. it confirms what we've all known all along. financial planners will select high MER funds because it benefits them more. When was the last time you had someone recommend low MER (no DSC) index fund?
Shishir
May 12, 2012 Shishir rated it it was ok
All the ills of the Fin Ind - MERS DSC conflict of interests - gurus - Regulators also lacking teeth and in conflict (David Golith opaque
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