How to Smell a Rat : The Five Signs of Financial Fraud

How to Smell a Rat: The Five Signs of Financial Fraud

By Ken Fisher

With the recent financial fraud led by Bernard Madoff, many investors are unsure who to trust with their hard earned money.

In "How to Smell a Rat : The Five Signs of Financial Fraud" the latest book from Ken Fisher, CEO of Fisher Investments, provides you with an insider's view on how to spot potential financial disasters before you commit your money to a scam and protects you against similar frauds in the future. Using real examples of recent and historic fraudsters, this book examines how they operated and how investors could have avoided them. Ken Fisher identifies important red flags and questions that can be used by investors when evaluating money managers:

Advisers with direct access to investors' funds;
Firms with numbers that seem too good to be true;
Managers with fees that are too low (Madoff didn't charge any fees, he just charged for trading);

You'll be better prepared to identify and avoid financial scams that could destroy the wealth you've worked so hard to build.

The main chapters of the book are

Chapter 1 : Good Fences Makes Good neighbours

Chapter 2: Too Good to be True Usually Is

Chapter 3: Don't be Blinded by Flashy Tactics
Chapter 4: Exclusivity, Marble and Other Things That don't Matter
Chapter 5: Due Diligence is Your Job, No One Else's
Chapter 6: A Financial Fraud - Free Future

Holiday

Holiday during last four months

We have been occupied by other matters and events during last four months and we regret for no publishing any posts in this blog. There were a lot of changes during this period especially for investors. Most of the investors were happy about the bullish of the shares markets as well as commodities markets.

We wish to share our happiness of the marriage of our daughter. The following are some of the photos that have been taken during her wedding.