Beat The Bank: The Canadian Guide To Simply Successful Investing by Larry BatesBeat The Bank: The Canadian Guide To Simply Successful Investing by Larry Bates

Beat The Bank: The Canadian Guide To Simply Successful Investing

byLarry Bates

Paperback | September 16, 2018

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Make the big banks work for you, not against you!

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 banks - and by extension our entire financial industry - occupy 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!

"The Wealthy Barber taught Canadians the importance of saving. Beat the Bank will teach Canadians the importance of investing well." Wanda Morris VP of Advocacy, CARP

"Everything you need to know to grow wealth in Canada." MoneySense.ca

"Larry Bates offers a detailed look at everything that's wrong with our "traditional" investment model and even more importantly, shows readers just how easy it is to invest their money simply - and successfully. A must read." Robert R. Brown, Author of Wealthing Like Rabbits, An Original and Occasionally Hilarious Introduction to the World of Personal Finance

"...enlightening, horrifying, entertaining and enormously useful" Neil Gross, former Executive Director, FAIR Canada
"If you wonder why your bank-sold mutual funds are going nowhere, Larry Bates has the answers." Ellen Roseman, Toronto Star consumer columnist and investing instructor at University of Toronto school of continuing education.

"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." Robb Engen, Boomer & Echo

"Larry shares some powerful stories over his 35 years as an investment banker. It's like you're a fly on the wall in his office. Beat the Bank should be required reading in Ontario's new financial literacy course in high school." Sean Cooper, Bestselling Author of Burn Your Mortgage and Mortgage Agent
Larry Bates is a former senior banker and investment industry insider turned investor advocate, author, and speaker. He shows how you can build a larger retirement nest egg by switching from high cost mutual funds to more efficient, low-cost investment products. And you can do it in a couple of hours a year.Larry Bates reveals the secr...
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Title:Beat The Bank: The Canadian Guide To Simply Successful InvestingFormat:PaperbackDimensions:208 pages, 8.98 × 6.02 × 0.51 inPublished:September 16, 2018Publisher:Audey PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:1775343707

ISBN - 13:9781775343707

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Reviews

Rated 5 out of 5 by from Excellent read This book should be required reading for all Canadians that are interested in improving their financial acumen and earning more on their investments. Larry provides very thoughtful and realistic suggestions on how Canadians can get ahead and guidance on how navigate the sometimes confusing minefield of financial products.
Date published: 2018-10-17
Rated 5 out of 5 by from A Must Read for Everyone I have read Larry's book Beat The Bank and it only took me few days to to start and finish. It was an excellent read. The book is written in a simple language with very good examples. Larry cares about all the hard working Canadians who try to put away some savings during their lifetime. Little did we all know what happens to our "savings" in a bank. Read the book and you will be glad you did!
Date published: 2018-10-10