Wednesday, January 06, 2010

The red flags

Books of Account
How to Smell a Rat
Ken Fisher
( http://www.wiley.com/)

Smart rats can cart your money out

The number one, biggest, reddest flag is when your adviser also has custody of your assets, cautions Ken Fisher in How to Smell a Rat: The five signs of financial fraud. No matter how goofy the strategy or tactics, if the adviser can't get to the money, you know they aren't using them to create a false front for fake performance while carting money out the back door, he explains.

More

No comments: