Larry Bates

You can Beat the Bank! You work hard. You sacrifice to save. You risk your money in the market over your working lifetime and you trust your bank to treat you fairly. But your bank strips away half of your lifetime investment returns in fees. Without realizing it, millions of Canadians are in precisely this position. How does the industry pull this... off? The big Canadian banksand by extension our entire financial industryoccupy a position of paternalistic authority that too many individual investors respect unquestioningly. The industry brilliantly capitalizes on the combination of poor understanding of fees, deep loyalty, and misplaced trust by charging Canadians the highest investment fees in the world. There is a better way! Larry Bates reveals the secrets, decodes the mystery and provides a simple, step-by-step guide to investing, proving conclusively that you dont need to be an expert to invest successfullyyou just need to know the basics. Its easy when you know how! This book will pay for itself after reading Chapter One. The Wealthy Barber taught Canadians the importance of saving. Beat the Bank will teach Canadians the importance of investing well. If you wonder why your bank-sold mutual funds are going nowhere, Larry Bates has the answers. Beat the Bank is an insightful, entertaining, and shocking look at how the traditional investment industry separates you from your money by design ...and what you can do about it. Larry Bates offers a detailed look at everything thats wrong with our traditional investment model and even more importantly, shows readers just how easy it is to invest their money simplyand successfully. A must read. Millions of Canadian mutual fund investors unknowingly pay fees that erode their returns by as much as 50% over time! Industry insider Larry Bates clearly explains how, why, and what you can do about it. Larry shares some powerful stories over his 35 years as an investment banker. Its like youre a fly on the wall in his office. Beat the Bank should be required reading in ...Read More